I've seen this done and sold as well while there was loan. it's a partial release and two new legal descriptions. let me know if I can help in any way 

If the legal balance is already at 60% LTV for example, would a seller expect a higher amount than the legal balance possibly?

(This HOA was not FHA approved, but now even single-unit "spot approval" is no longer possible.)

The property manager, KS Yoak, found a tenant without my approval or background check, but at first, everything seemed fine.

My mortgage pre-approval is $350k.

Hi @Jessica Howell,Transferring funds between LLCs and personal accounts requires careful tracking to maintain legal and financial integrity. 

Can the property be legally rented long term (over 30 days)?

Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.

Research the appropriate laws for your property and follow best practices to avoid any discrimination accusations: use the same criteria for everyone who applies, know what the protected classes are, which questions are legal to ask and which aren't, and only deny applicants for legal reasons etc.

I know the 20yr city development plans, I know of the waste water treatment facilities that are wrapping up approvals and have not even broke ground yet and exactly how many w/s laterals will be approved with such.