I agree with @Erik Estrada; property is going to HAVE to come in at $100k or above and loan amount at $75k or better. 

Please provide us with a list of properties that you have flipped in the past including dates, addresses, amounts, outcomes, etc.

I would then get a small amount of money as compensation since I helped save even more. 

Therefore, amount of experience is KEY.

Don't reinstall any carpet or trim until you get the issue fixed.

Rather than fix or flip, do something called house-hacking.

If you are going for more appreciation (and it is in an appreciating market) the taking a lower cash flow might be fine.If you're confident with your rent number and the fixed expenses you have, then the only thing to negotiate is price and terms.

Later I got the violation letter , a long list of what needs to be fixed which was a lot.

I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy more properties.

If the conditions are not good, then you've saved a lot of grief and money buying into the wrong area at the cost of a lower amount of grief and money through the sub-lease.I 100% agree, though, that extended paralysis will render you subject to the whims of a changing market.