(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

He's currently out on a $200,000 bond.Click Here to view the Federal Indictment.

The Manager reserves the right to terminate this contract with thirty (30)days written notice.2.

Probably not enough the IRA to own real estate given reserves needed and such.

Gone are the days prior to 2019 where I as a complete newbie could buy and get instant equity, use financing at sub 5% and still cash flow while maintaining a reserve balance.

.- Full time maintenance, reservations, cleaning staff- Additional marketing budgets and resources.This is a brief list but a good PM can make more revenue than you can and can offset their fee. 

I think the uneasiness comes from not having enough reserves/ funds for downpayment and closing.

We've had develpment plans with stream and wetlands crossings, which required both state and Federal permits. 

I see the base interest rate for federal lending is 4.25%–4.50%.