FHA can be a pain to deal with--very picky inspections and required mortgage insurance that adds to your monthly cost. 

Student loans are a pain in the you know what.

So not only can I not recommend them, I now have to take the long and painful journey of finding a good one for myself. 

Hey Steve,I'm currently serving on the governing board for our condominium's as well and have been working through the growing pains of moving towards a smoke-free property as well.

It doesn't sound like her pain point (immediate cash) matches up with your desire (little money out of pocket).I'm scratching my head to figure out what I'm misreading or misunderstanding in terms of this deal and why it's right for you.

that thing was a huge pain for me to get around.

Don't make your first experience in acquiring a rental property so painful that you never want to buy again.

But by far the biggest possible pain point is with the contractors. 

My attorney encouraged me to try to take back the properties rather than to go the legal route because the legal rout would ultimately be more costly and painful.  

Consistency in mailing and persistence is absolutely key to successful marketing. 5 months of not saving any of my W2 income and not getting a single deal was painful, but if I threw in the towel I would not have a quad.