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I don’t see a rental investment strategy posed in the question here, but it is true that the ratio only has to be 1:1 More details would help tremendously 

Hello BP Nation, I sure could use some help with a problem that I'm currently facing.

Thanks for your help! 

The good news is that your maintenance/renovation experience is going to help you throughout your career. 

Tell the family member that this was an investment to help pay for your son's college and right now you are losing money as rent is lower than the mortgage and HOA, so you are selling it. 

I did this when I was new it helped me to get deals sold @Matthew Mancini

Not to offend any Columbus investors, but I'm really really curious.Maybe @Peter Dorinsky and @Patrick Drury can help answer too.Thanks!

Happy to help!

It may also help to show a formal contractor bid with a dollar amount to fix the violations to justify the amount of your OWN MONEY you are asking for.