I’ll PM you the addresses so you can check neighborhoods and comps. if any look good to you, you should be able to find some houses for sale with the same specs, in the same neighborhoods with similar values according to Zillow.

As far as your loan options, discuss that "Solely" with a Lender, as they will address all of the requirements including your self employment status and your current lease arrangement and how they affect qualifying for a loan. 

hey Bob- I like the numbers, but my concerns would be on the repairs at $100/mo and capex at $100/mo.

He pointed out something that was a concern for me.

He told the renter that they have to go after the lease ends, which is about when the violations need to be addressed. 

Just get the business license by addressing their questions and stating your business operations as you did in this post.

I don't know that market, but down here a big concern is all the wealthy retirees moving down from big cities up north.

My concern is that he is really unhappy with the lease not being renewed, as he loves the condo. 

I'm more concerned with not having enough cash for down payment, though.

Sounds like a  good question for an attorney in your state, if you still have concerns about liability once the property is sold.