The items you mention are mitigation tactics, they cannot eliminate the risk associated of someone carrying the disease from coming into your property. 

Also, the condo association could add fees & regulations for units that are rented out. 

Watch for extra fees associated with monthly or other smaller, periodic payments.8.

Before I signed the offer I knew all the bills and expenses associated with this property and had hard verified numbers for these. the taxes, and insurance cost, lites, water were all hard verified numbers.

Obviously then you'd be stuck after the FHA, but it would avoid the high risk and higher interest rates associated with the LOC. 

Consider contacting a local home renovation or remodeling association for recommendations.

I am a little surprised the apartment associations are not pushing back more on this. 

The technician told me they’d go after the guest if anything illegal or funny was associated with our account, because we’d direct them to that guest be passed on time day stamps. 

@Shaun Moore - I would recommend looking at the Montana Self Storage Association, and attending one of their meetings if possible.

This will give you a better idea of what your cash flow (profits) could look like if you were to purchase a property at that given price considering the associated expenses with servicing the debt and operating the property.