We have excellent credit and cash capital.

Then it shifted to more flips and rentals, with a lot of discussions on how to capitalize since the credit markets were frozen.

@Jay Hinrichs Thanks Jay, I will probably bounce back into the government (DOD) with my Special Operations network.   

Some special assessments are already board-approved for 2025 and 2026 to help raise capital for such items, however I know when the time comes there will be a loan which likely demands a higher monthly payment for owners -- reducing my cashflow. - Based on sale of other units in the complex, I believe my current equity to be roughly $160,000, a little more than 50% equity. - The condo is currently leased through April 30, 2025. - August 2025 will be 3 years since I moved out.

LLC Transfer & the Due on Sale Clause•HELOC: If you take out a Home Equity Line of Credit (HELOC) on your rental, most lenders require the property to stay in your name.

If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

I was wondering if it is worth paying for BP pro membership for the special discount with Home Depot (e.g. flooring, appliances, etc). 

I have excellent credit and good paying job approval will not be a problem. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

We own 3 other rental properties that have a 6.5%-7.5% APR, and no credit card debt or any other high interest debt to pay off.