@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.

If you're considering purchasing under a business name, consult a CPA or attorney for setup and financing options.

or options 3, 4 and 5 don't supply washer and dryers and either the tenant provides their own, rent appliances or goes to community laundramat.

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

Rochester NY has a plethora of options under 250k.  

So before dismissing your options, you may want to consult an investor friendly Lender who is an out of the box thinker.

For an auction.com purchase in Washington you have 2 options. 

I recently came across domus.pro, where you can upload a property photo, choose a camera movement, and generate a video for around $0.30 per clip, with 4K options too.

If you don't meet that 12 month seasoning requirement and/or want to hold the property under an LLC, a debt service loan may be a better option.

I also know I can look at ways of borrowing against that equity (HELOC for example) but I also just feel like if I take debt on that property the cashflow goes down, and then if the association also takes the loan it goes down more, and at that point I don't know why it would be a better option than selling before August.