Sounds like selected the wrong management company that was gun shy and cost you a lot of money.

You bought it as a primary and kept it to start investing, but that doesn't sound like a good investment and HOA can keep going up or there can be assessments and your appreciation is much lower in a condo than a single-family.

STR is definitely not a rookie game right now, but your flow to success you have sounds way easier than it is in real life.

As noted above by Chris, they'll be able to help with the offer process and provide a sound purchase and sale agreement for use. 

Sounds like code word for increasing their billables in 2024 Q4. 

Sounds like a great idea!

Please share more so we can chime in with more sound advice.Share info like, income, location, current home value, goals.Good luck and we're all here to help!

It sounds like the city ignored a lot of complaints about structural concerns from tenants for years, which is concerning.

It sounds like you're off to a great start.For your next steps, consider starting an LLC down the road for liability protection, but it's not a must right away.

It sounds like you will breakeven which is better than carrying a negative cash flowing property for years.