I thought this was not supposed to be possible?

How long can you comfortably stay in this house?

This in return has been affecting my ability to secure a recent refinance I attempted with a renowned bank.

Doug, I was in this situation 6 months ago.

I recommend documenting everything with the damage through photos, videos, etc. before cleaning up. 

There are plenty of P/HMLs that do this and there’s no conflict.

I did go on the website and none of the HUD inspection or landlord documents were even able to be downloaded and viewed.

What I would do is hire a licensed contractor for this work. 

Or just start out collecting a fee or hire a third party to manage.As for a buyout down the road, you could put an agreement in place from day one that specifies a set time period that you will buy out the partner.

This loss will be carried forward.