I have a client that bought a condo to rent after living there and the HOA ended up outlawing rentals.

I'm interested in running the business without being involved in the daily operations of the facility after the first year.

After that you should post a 7 day notice or whatever notice your state requires.

After sending millions I can state.  

My best current strategy is a lease purchase agreement, where they give me the house for a low lease amount and I cash them out after I'm done remodeling. 

So low cost, low risk in my opinion which is why is it generally my first choice After those I would go HML/PML - this is likely going to be your highest cost loan 

And now, that roommate will be moving out soon, and has told me that the main tenant was not cleaning up after himself.

We mostly buy rentals but will do an occasional flip in a market with strong sales comps.The markets buy in are DFW, OKC, Tulsa, Houston, Little Rock, Memphis, San Antonio and Birmingham metros. 

Instead of paying into someone else’s property, you could be using that allowance to finance your own real estate investment.In Germany, you have access to a stable market with long-term growth potential, and U.S. service members and government civilians have unique advantages here.

It should include details like the purchase price, property description, and terms of sale.