Clearly define terms, including an exit strategy, buyout options, and how proceeds will be split.

So your only option would be a single family not in a HOA.

Or considering the membership buyout option? 

What about the utilities, property taxes, maintenance and repairs, capex, etc. are any of those optional for you?

My husband and I just sold a property that we were renting in WA state and will have about $90k from that sale that I would like to reinvest, but not sure what the best options are around here to make the most of our money.

Hey @Tyler Speelman- 2 options to consider:1.

I tried the "fix it" option on the Stessa site, and it constantly gave me the error that there was a problem with my bank?

Will ask lenders bout prepayment penalties and refinancing options as well.Alex

Either would be a great option; I'd probably choose Roseville because it's more established, but the City of Elk Grove deserves a lot of credit for its impactful growth programs, so it wouldn't be a bad option. 

Research the area's nuances, understand BRRRR financing strategy, network with local investors, analyze potential deals, use VA loans wisely, explore financing options, and network through investor groups.