You'd really have to look into what else is going on with the "health" of the HOA and what the future repairs and issues look like. 

I am also very good at managing money (current CFO for Santa Barbara County's Mental Health Department where I manage a $106 million annual budget). 

We will come to agreement, or I will try my second buyer, or use the Inspection Clause to back out of the deal without losing my EMD.Yes, I will use a lawyer to review State Regs and ensure that my offer does not break any laws and protects me in case of a hurricane or health problems of the seller or me.Any other exit strategies that will not be offensive to the seller here, that I could use?

County officials either do an appraisal in the office or by driving properties and can be based on numerous things such as an increase in average sales price of houses in the county/area. 

I may not have survived the numerous swings we've encountered over that time period and I definitely wouldn't have been able to profit from them.

I'm getting married in September of this year, purchased a new house that is being built in a development that is slated for completion in October, work 9:00 - 5:30 at a Health Inforamtion Technology vendor as an systems integration specialist.

To buy a property at 70% ARV minus repairs would probably mean that you don't have working plumbing & electrical and you may even be living with mold or some other health hazards.

I have read numerous posts on this site and they have been WONDERFUL!!...

I find this as slightly odd, as all the notices and paperwork in the windows of the house were dated from 2011.I have not called them yet as I just got the information tonight, but I have located them on Facebook and all seems well with their health and financial wellbeing based on what they have posted.I am new to real estate and would appreciate any help and advice.

Typically they will only perform repairs for items that are considered "health and safety" issues, and not being able to take a hot shower isn't considered a "health" issue. :) It doesn't hurt to ask, and maybe tell them you'll have to cancel the contract because you won't be able to get the financing you need if it's not fixed.