The building's Property Manager is sympathetic to the owners at large, but says they can’t do anything until instructed by the Board, and they indicated the building’s lawyers would only respond to Board members.

Here's her most recent thought on the matter if it helps: "Lack of inspection during building by project managers [is the problem].

Here you are basically hitting it without needing to manage a property in another location.

We also would like to self-manage if possible.

There are also online platforms that will handle managing security deposit compliance, refunds, etc. like rentable.com

Someone with limited ability to manage 2 or 3 SETS of contractors is not going to have successful rehabs.

You should consult with local property managers and find what the average DOM would be to lease your home and rental rates etc. this would be a good starting point. 

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

It’s true that many property management companies are now incorporating tenant benefit packages as part of their offerings.

Self-Storage gets good rent but it can be a hassle to manage & deal with.