I can see these concerns becoming issues if the tenants have been there for a while and 1.

Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I’m concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.

The wife is willing to sell it for a very cheap price and I'm concerned estranged husband is going to want double

Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I'm concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.

My only concerns with #1 i have never taken a line of credit out on anything i have always used my own cash so what are the risks etc.

Unfortunately, this doesn't speak specifically about the HOA facilities.To preface my concern, I know nothing about legal.  

I will keep you in mind for any future concerns or questions that I may have.

Why would they spend $5,000 on an ugly *** ceiling light but then have to cut out the bathroom remodel because they are over budget?"

That cost alone, especially if you have PM, could cut any gains you would've made by raising rent. 

If you're concerned about the lawn, just offer a clear rent reduction in exchange for the water.