There is positive job growth from the tech industry, manufacturing jobs from Tesla, geographically restricted building, no income tax, low property taxes, close to CA, mild weather, and landlord friendly. 

It is rare that a super host will cancel a reservation because we lose our super host status if we do.If you read the STR listing description and its reviews, and choose accordingly, you don't normally encounter surprises.

Fresno is near the geographic center of California, making it approximately 300 miles from Sacramento, Los Angeles, and San Francisco.

For example: any deed containing the names of the grantor and grantee, a description of the property sufficient to identify it with reasonable certainty, and the interest or estate intended to be granted, is sufficient, if executed, acknowledged, and, where required, recorded.

Alex,Based on that HOA description, I would say do not rent by the room in that community.

Typically, they may be more willing to overlook some issues, like current transitional neighborhood, etc, they sometimes have enough cash and other non-descript income to afford a non-refundable option consideration payment, along with somewhat higher than market rent, which would hopefully cover your holding costs.

Otherwise, perhaps expand your geographical search area? 

You may lose a little time but a good description of the renovations to the space has done me wonders keeping prospects alive and waiting.

---We're not perfect and some of our ServiceTechs occasionally forget, phone batteries die, or they take worthless pics, or like with a sewer snaking sometimes nothing is pulled out, but we deliver at least 95% of the time.Regardless, you should automatically be receiving an invoice with a decent description of the work performed.

I say new construction because based on your description, the JHA is treating the project as new due to the scope, existing condition and no pre-existing nonconformance items remaining in place.