You'll have a contract with the government with a generic lease. 

The governments will prop it up for maybe as much as a decade but unless there is significant technological change it will be DOA.

For our clients, we separate repairs into catergories: 1) Health & Saftey - highest priority to avoid lawsuits2) Property Preservation - don't want a $500 water leak repair to become a $5k repair later3) Government Required - for city & S8 inspections4) Marketing Negative Impact - who wants to rent a "purple" house?

Does anyone have any experience with receiving any grant funding, whether be it government or private sector?

If you don’t, the government will take a cut of what he could have h tax free.

Local government websites and U.S.

My real estate agent there says he isn’t concerned with the permit situation in Rome and he invests there himself and manages quite a few of them for other clients as well but I’m not as confident in the government there as he is. 

If that's the case, HOAs are governed by F.S. 720; COAs by F.S. 718. 

Unless the government pays for it , it cant be done .

State Laws and Requirements Local Laws: Real estate is generally governed by the laws of the state where the property is located.