At the end of the day, everyone's circumstance is unique so it is best to speak with a professional.

Would I need a broker's license to manage this property under these circumstances?

Transactional messaging, such as order confirmations or shipping updates, also requires a distinct opt-in.Businesses that violate the TCPA can be fined per violation, with penalties ranging from hundreds to thousands of dollars.

Another thing to keep in mind is that a structure is usually specific to an individuals own set of facts and circumstances. 

End result if you won that property at the auction - you won't get it because the original owner has that right to redeem - regardless of what the circumstances are.  

So short of a pandemic wiping out a chunk of our local population or something else of that magnitude, there is not really much that can change these circumstances driving supply and demand.And without changing the circumstances, the results will be the same.

I only mean here that it would be likely that you could have closed with another bank even under your circumstances. 

Under all other circumstances I would respectfully agree to disagree with someone who has a difference of opinion.

He can keep thing going as they are (not growing in our current circumstances) but knowing we’ll have a newborn by new years he is contemplating freeing up his working hours during the week by selling the IT business which should allow him to grow his online business, without taking much more of his time.

I am not sure what the status of it currently is — already capped, I imagine.So based on my current circumstances, and in alignment with your suggestion, I was thinking that the best option would be for me to continue to live in this condo, continue saving up, and then combine my savings + pull equity from this prop to invest in an affordable investment property when I can, ideally after a year or so.