HI Jonathan, thanks for your response.

My insurance company determined that they were not responsible because the problem originated it form INSIDE the wall which was the responsibility of the condo association.  

Fast solutions have slow problems.

It would be your responsibility to ensure that any points of entry are closed up. 

I really appreciated his response, and took detailed notes.

Chris,Thank you for the response, that makes sense.

Here is the new response:  "The Terms and Conditions were not properly displayed for the cardholder during the order process or on the same screen as the checkout screen before the final checkout.

If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.

You are not spreading the financial risk if you are responsible for all capital.

You should let both of them know that they are both responsible as they both signed the lease.