Using 17 comparable transactions from November 2020 to present day, which  a include a neighboring city with (ballpark) similar price correlations, the price per buildable square foot was $116.I advocate that because the Pandemic was by definition a Black Swan event, and that particular market has proven to be resilient despite rate hikes, with condominiums gaining an excess of 13% year over year , that it would be more accurate to use in comparables only transactions that took place over the last year, leaving 7 of their original 17.

Probably could be done 2 coats in a day and would reduce moisture intrusion by 95% even if done by an amateur.

The cost for vendors to travel that far would be excessive to the owners and result in a whole new set of vendors that you don't get a chance to interact with often, again resulting in either higher cost or poor service.

Usually I would rather own a sfh than a condo, but in this area I suspect a high rise would weather a hurricane better than a standalone sfh. 400k price point on a condo that has gross revenue projection of 50k seems excessive though

You can put the moisture barrier in for very minimal expense.

What caused it in the first place needs to be resolved and that is moisture. 

There are annual contribution limits to both a Traditional and Roth IRA.Furthermore, a traditional IRA can have both a deductible / non-deductible component(You would need to keep track of your basis in the non-deductible component).I personally do not like to invest directly in real estate through a retirement account.The issues you will potentially have are1) If you have to have excess funds within the retirement account for items such as improvements, tenant turnovers.

Basically, any excess capital that you have, just put it to buy house or to advance the house. 

The interest rates will be higher but not necessarily excessive.

That takes the speculation out of the equation (i.e. do you wait hoping for an adjustment, or by now only to find that there is excess inventory right over the horizon).