Also helpful to know your short term 1-5 year goals and your long term 5+ year goals as that will make a difference.

If you're a long term buy and hold investor, the opportunity here can be awesome as you can likely get into this transaction for far less down and/or for a lower monthly payment than a traditional lender would allow for.

How do I get the long-term financing and the money to renovate to make Tenant ready?

This deal reinforced the value of detailed planning and adaptability in achieving successful outcomes.

there are many long and detailed threads on this company. 

The property value is at least $600,000.I am looking to the community for advice and/or connections to someone that might offer me reasonable terms.

Specifically, I want to know if short-term rentals are allowed and if there are any upcoming changes to these rules.

Let him do it, if its not satisfactory at the time of the move out and as long as you have a detailed move in inspection, you can charge him for whatever needs to be done to the yard.

There is a more long term order they can get.   

I'd expect to happen exactly what is detailed in the contract between the developer and the Realtor.