Do I need to verify if its a brother or a friend or it doesn't matter?

I bought a property (apartment in a building) with a tenant in place and planned to wait for him to leave and put an AirB&B, but the HOA said that the minimum lease time should be 1 whole month and that they (the HOA) had to verify and approve each tenant.

Please take this the right way, but you are still ASSuming things instead of verifying.

I just want to verify whether you meant to say appraisal or inspection on this particular part of your post. 

Have you verified that?

When I started asking questions like that actual name of the company they use for background checks and verifying identity… she started to get defensive… apparently it’s a $1,000 to have them get your guaranteed short term funding.

Make sure to verify all information and ideally speak with an experienced investor who acquires in the respective state before proceeding. 

Take care of anything that needs to be done to your condo while you're advertising the vacancy and showing the unit to prospective tenants.If you get a good, tidy tenant -- which you can verify if you have an opportunity to visit after the tenant has moved in -- you may be able to advertise the unit near the end of the tenant's term and get the tenant to show the unit.

Verify everything the sellers have said is correct.

The DSCR's are 30 year fixed just using income from the properties rather than verifying your income .