You will need to take this to small claims court.I would also consider asking the attorney if you have a case against the HOA because the seller was a member of the HOA Board and may have legal obligations of disclosure.

Are those state non disclosure by any chance?

ZERO advantage actually makes it worse, you will now have more disclosures. 

Disclosure:  Since John is a terrific speaker, I have had him speak at Black Diamond. 

My questions:- option #1: rent it out on a month to month basis until the bank forecloses with full disclosure to the tenant.

Mind you, since that disclosure in the thread, anybody who just reads the thread without checking your profile might not be aware that you might get paid realtor commissions, which again could be a bit delicate (your might argue that it's their problem though).So, now, you can understand why I wrote why I wrote and that, most importantly, I was just trying to help.As to Playa vs Tulum, even though I started my comments with "speaking of debate

(Better late than never, full disclosure I was working in Congress at this time).So, unlike the 2008 Great Financial Crisis, today we don’t have high homeowner distress, which result in distressed sales and home price cliff dives.

If you are not in a non-disclosure state (I don’t know if Texas is the only one?) 

I know when I get a loan they give me all these disclosures and forms to review.

(Disclosure, I'm a Xennial -- born on the dividing line of 1981.)