Use Fund 1 and 401k to buy a cheap house with in walking distance to the hospital to continue saving money. 

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).

I was able to get my money back in using business line of credit without touching or doing anything to the property.

An example would be mixing your personal and LLC money in the same bank account.3.

For that kind of money you should have detailed knowledge of whatever business you plan to do with it.

The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

Emphasize that your offer is competitive and you’re ready to move now, or set a reasonable deadline for the offer to ensure the seller knows you’re serious.Use Comparables StrategicallyHave data on hand to support your position.

If this is not possible, take some time to get to know and be-friend the other HOA board members before you waste money with an attorney.