(after going back and forth with his wife they couldn't come to specific number)We set a time for this Saturday and I will be taking a look at both. i will run comps on both prior and will walk through and take pics and not any damageMy question so far is aside from gathering this information what else should I gather?

There were days when, quite literally, I would pull into the parking lot in the morning and then spend 20 minutes crying because I couldn't manage to see how that day was going to be any better than any day prior.  

It was disclosed when we purchased,we just didn't know the HOA had been using it for years prior.  

Prior to that, getting a loan at 8% wasn't horrible and in fact rates have been much higher than that.

They sent us before and after pictures prior to payment, so no need to baby sit them.  

Investing out of state is viable but make sure you educate yourself on the potential pitfalls prior.

The one thing I want to get feedback on prior to sitting down with our CPA is how do other people in similar situations organize the dissolution up front?  

SB 1993 would eliminate this loophole for wrap lenders and servicers.SB 1994 (Zaffirini) provides that a wrap loan is void and unenforceable unless it is made with the prior, written consent of all existing lienholders and is closed at a title company’s office.

These bills seek to cap the fees that community association management companies may charge a seller to provide information about their association dues, fees and assessments prior to closing.

However, I strongly recommend you get pre-qualified your your Refi loan prior to entering into any deal.