We're now up to $1,900/mo and the current tenant wanted to sign a full year lease so it's a furnished long term rental for the moment.

The exterior and interior look nice for the price.Look up Jim Sheils.

It couldn't hurt to call a couple attorneys right away to see what they say in terms of cost and suggestions for dealing with this quickly.In terms of mitigating any legal issues with your tenant be sure you are documenting every conversation you have had with the HOA in terms of asking them to make the necessary repairs.

Given my circumstances, asking any of their family members to co-sign on a mortgage loan feels like a tough ask, as I wouldn’t want to place that kind of pressure on someone.

I definitely wouldn't sign a purchase agreement before seeing the property.

Simply have the tenants sign the new lease AND have them provide you with the additional $100 BEFORE you sign the lease yourself.

Who did you end up using?

Ken McElroy, Kiyoski, Bloomberg, Blackrock and the Fed should all ring you up and take some advice from you. ;-) There is nothing false wiih what @Henry Clark said.Commercial real estate is broad - Office space, self-storage, Farm, Data centers, residential properties above 4 units, etcIt can be true that one part of commercial real estate is suffering while others is thriving.

And the vast majority of us are just looking stupidly at each other as others are still trying to huddle up and run screen plays. 

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).