I will speak to my CPA on his thoughts and see what my options are.

Unfortunately what they don't ever tell you is that they want the "gift" back when you sell the property.1031 and death are two options (I'm sure one is more preferable). 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Do I have any other options that maybe I don't know about? 

If you have an issue with the way the landlord (you) has handled things your options are therapy or GET DOWN ON YOUR KNEES and pray.Your recitation of events reflect the owner acted in a timely manner and you failed to report the leak.

10% down, 30 year amortization, 6.2% rate, 3 year note, with an option for an additional 3 years.

Hi Brian, It's great to hear that you're exploring your options for purchasing another owner-occupied property in the East Boston/Chelsea area!

It's critical to be informed about these options and to have a strategy in place for requesting injunctive relief if required.When engaging in any business transaction, it is essential to conduct thorough due diligence and be aware of any unique legal considerations that may apply.

Which option is better to build a new one or buy an existing one?

A lot of the time they're not recorded properly and it will make joining the HOA an option, not mandatory.