Seems like a great place for someone with little money to start.

It seems to me though your short term objective is to get the HOA to take immediate action on the roof.

That seems extreme to me, but even if is only 10% of that, that's more than our States entire population, the implications are supermassive. 

Just seems like unnecessary work.  

So far, I’ve only invested in stocks and the idea of investing in real estate seems somewhat risky to me. 

Based on the info you provided, it seems like a no brainer to make it a rental.

With the reaction to tariffs, the market seems to think Fed Funds will reduce by late Q2.

Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!

@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.  

FCI is big (160 employees) and their portal may seem like overkill, but they have their systems down and they are responsive.