Eliminate debt, establish a budget, and save.

Considering it is already 2025 and they don't have a budget, you might also have an incompetent HOA to deal with.

Apparently, because rates increased here so astronomically in the last 2 years, the insurance industry believes their numbers are correct with the risk.If you have the correct coverage @Marc Shin, you should be covered (although you should also have budgeted or baked-in costs for minor issues/damage).

The systems you have in place to handle leads, follow-up and your sales processes are also huge factors.Another factor is what is your monthly marketing budget?

Ensure you increase the budget.

Went over budget and still counting.  

By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.

That way if it goes over budget, you can rent it out to make up the money.

Clear communication and budgets.

With your budget, depending on where you are working, I'd consider Silver Spring or Hyattsville