No one appears to be able to provide a competent response.

In your case, this appears to be $800k - $600k = $200k.You made no mention of the rehab costs.

It appears the property is in bad shape, what can you tell me about the condition and is the tenant causing more and more damage?

It appears comp 6 would be the example to follow

Here it appears the contractor misrepresented/ concealed the defect rather than repair it.

If the wood had been 5 panel doors and appeared to be better quality I would have said leave the wood.

Part of the attraction to me is that this property appears to need extremely minor upgrades that will be done prior to purchase.

And to Account Closed I just checked our files, and it doesn't appear that you have a loan with us, or even had one.  

As far as you saying you don't know if it's in an HOA, it likely is, given how you described it and that shouldn't be hard for you to figure out just by looking at a Google Earth map (sometimes the name of the community will appear), or pay a local person off Craigslist to go drive it and find out the community name, take pictures of the lot, etc. 

@Kenji TominagaIf the taxes have already been paid by the seller they are prorated as part of closing costsIf you are talking about escrow payment taxes then some appear to have missed them as you would be paying those