I would think it more advantageous to your family's "personal cost of living footprint" to sell your current place and downsize to something more financially comfortable for your budget. 

That is my end goal and this deal is a small financial learning lesson for me.The property is subdivided into one 4.5 acres and 2 - 2 acre parcels of land.

The bank will want to see you and your business partner(s) tax returns and personal financial statements. 

You'll probably want to get on the condo board as any financial decisions are going to affect you x19.

You can request the HOAs budget and financials to determine if it's reasonable or not.In addition to landscaping and pool, an HOA is also required to carry insurance on both the property and the board of directors' E&O insurance. 

I've built a financial model that I help other investors analyze deals so let me know if I can be of any assistance.

The main thing with associations is you don't buy into one that is too broke, ideally your reviewing some financial data before offering, not always practical though.

As people in the UK are not familiar with what a money order is, I'm not sure they'll be familiar with a bank draft and I'm not sure whether the problem here is financial methods or language.Thank you.

Unfortunately, there’s a lack of financial stability that goes with moving around a lot and doing a lot of different things.

Family financial dealings of any kind are fraught with danger as one is always walking on egg shells.