I just have to be a contrarian here @Caleb Heimsoth  as Caleb states I cannot think of anything risker than remote rehab for beginners.. keep in mind the author is a very experienced real estate professional and what works for him simply is not germane for beginners I know they want to sell books on this site.. but I fear there is going to be some really sad people that try to do this and simply don't know what they don't know.. all to just save 5 to 10k  extra that a flipper that does all the work and takes all the risk makes bringing you a finished product.. you can lose 10 to 20k in a heart beat doing this if not more.. 

https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/ Finally, check out NoteMogul which has a very reasonably priced intro course to note investing They have a great self-paced starter course for under $500 that I think provides the basic info which let's you learn what you don't know to further your education.   

Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I’m concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.

The wife is willing to sell it for a very cheap price and I'm concerned estranged husband is going to want double

Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I'm concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.

My only concerns with #1 i have never taken a line of credit out on anything i have always used my own cash so what are the risks etc.

Unfortunately, this doesn't speak specifically about the HOA facilities.To preface my concern, I know nothing about legal.  

I will keep you in mind for any future concerns or questions that I may have.

I am a complete beginner in REI investing. 

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