Strategy might change, action will not. 

Or a bargaining position...both?

I am only new to the investment world, what should my next course of action be to ensure my mortgage remains in tact.

Real estate is truly a relationship business so take consistent action rather than get overly excited and burnout.Always keep learning knowing that real estate will always be here (until we destroy our planet).Best wishes on your investing journey!

Make an offer on it at a number that makes sense for you and is cash-flow positive.

They say once you get to a certain position of success in your Investing career you'll realize your time is valuable.

I am in a similar position to you, where though I have a decent amount of wealth, I am far from financially free.

Advice: Act on bigger deals sooner and create more relationshipsDone differently: taken more action - bought more properties and held on to as many as possible (less flips), bought larger multi-familiesChoices that didn't produce desired outcomes: Side tracked on deals that didn't fit my modelHorror stories: I talked about this on my podcast interview with Joe Fairless, but not having written contracts/agreements.

I feel like I've reached the point where I've armed myself with all I can and need to start taking action.

It sounds like that is not happening.The next course of action after reaching out to the HOA would be to seek legal advice if no one is willing to start work.