While your current situation may bring a few additional challenges, we would love to help get you to the finish line!

Additionally, I have founded and operated my own small businesses in the past. 

In this situation, you might consider exploring the option of refinancing the existing property to access equity for the downpayment on the new residence.

One additional note is that this cannot be financed through a conventional loan nor can it be used as a short term rental because I would be purchasing the building on the land owned by the association, which I'd have partial ownership of.I am considering offering $240K cash, or a lease option, with the following terms.7 year lease @ $1K/month with the option to purchase at $225K at the end of the lease. 

If anybody is looking to explore accomplishing something extraordinary and seeing what is truly possible, let's connect.

I prefer SayRhino.com but would like a company that offers many other choices like LeasyEasy or others in addition.   

In addition, master policies are increasing for condos which increases the amounts of the association.

However, they declined the offer and have been sending me disrespectful emails, demanding additional compensation.I'm in need of guidance on how to proceed from here.

You could also explore fixed income mutual funds or ETFs, but these may lose principal.For the balance, consider that 10-12 years is a long enough time horizon that fixed income instruments - bonds, CDs, or debt funds - are subject to inflation risk.

We'll explore the importance of a simplified and transparent process, and how this guide will help you secure your dream rental.