Assuming you don't need to do renovations or anything like that to get to the $800-895 rents, there's still some lease-up/timing risk associated with turning the whole rent roll to market rents.

I am wanting to hire a coach someone who is not associated with the brokerage , I had some drinks with a friend of mine about a week back and he mentioned Bob Loeffler and his fearless agent program that he just got into .

Will,first thing that needs to be done is to report the damage to the Condo Association.  

Second, if this house is on a slab, consider the costs associated with splitting out utilities.

Lloyd,You might run into some issues with using multiple heloc's due to either the DTI issues, or the underwriter exercising the right to deny based on overall risks associated with no liquid reserves being used. 

Your landlord should be happy to provide clarity on any fees associated with renting their property.

Any HOA (Homeowner's Association)?

Sounds like you are getting the old section 8 curse by association. 

The quote in the title is from The Associated Press in 2016.

As a former President for the Corporate Housing providers association and having spent 8 years conducting and writing the CHBO annual corporate housing real estate report, you can say I am a data geek.