I know there are other more creative solutions, but I'm having a mental block and want to get things moving. 

I’m ok walking away from the deal but I’m wondering if there is a creative solution to the problem.

If you don't have a rich relative, the nature of this project requires a complex solution.   

Another solution is too set it up lease and have her actually end on 07/05/2019, giving her time to move and you time turnover.

@Erin Onsager one solution I've used, and I know some other local investors have used here in Rhode Island (and likely all over), is to try to find off market deals where you can do creative seller financing, which is often at better rates/terms than you can get from banks.An alternate strategy is to try to raise private money from friends and family, again this is often at better terms than banks.

Tight timeline to craft a creative solution that requires some bank committee/board approval could be tough though. 

Usually your premium will be higher to maintain the coverage but it does give you a temporary solution up to 18months if you qualify. 

Of course, I realize that money pays for schools, infrastructure, and government employee payrolls and pensions, so, carving out some of it for lead/asbestos abatement is not very realistic, hence, my reason for posing an alternative solution in the form of tax incentives for small investors to take on properties with those issues, but, good to hear that Cleveland is already doing something like that.4.

"Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units.

We didn’t have the cash to put down 20% on another really expensive beach multi-family, so we needed a creative solution.