The tenant is a sweet elderly lady with multiple health issues, limited mobility, and no income or ability to work; this would be devastating for her.

@Robert Dodd Buying on CD doesn't change your ability to claim depreciation. 

I have done this many times (too often in fact)  telling the lender that they may become liable in taking unnecessary actions that amount to punitive dealing destroying a borrower's credit, ability to borrow, loss of equities and displacing them when there is means to indemnify the lender from any financial loss.

That is, the ability to foreclose if you don't make the payments. 

Although, I have the ability to get loans by other means, I would prefer to hold out on that until I finish a deal or 2.

this is the risk you run trying to sell RE without a license and do not have the ability to close on the transaction..

take pics of everything don't have anything fixed with out a receipt for the cost that describes in detail what was done an y. again before and after pics. stay in touch with the tenant so they cant use lack of communication against you some how. tell them you are having the damage to the property during there occupancy fixed and if the cost is less then there security then they will receive the difference if not  then don't expect anything but a bill. as for the fuel tank if you have a bill form before they moved in the company that sold you the oil should have this in the records some where it should show the cost of course but also how much was put in the tank proving it was full before they moved in. if you can prove everything with out a doubt then you should make out well in court if it comes to that and learn a bit as well some new things to put in the lease for the next tenant.

At the time I was quite amazed at her ability.  

I know this an excellent deal, but my concern is locking up much more money than I originally anticipated which will severely push back the timeline to purchase my own home and it doesn’t give me the ability to scale/capitalize on future opportunities when they come up. 

Long story short I have payed the debt in full and I received notice that the Lien will be released with in the next few days. so my question is:Will that record on my HOA statements seriously affect my ability to get a loan?