I'm going to come at this from a different angle and encourage you NOT to buy at the tippy top of your range, leaving you with no wiggle room. Because you know what? Wiggle room is the best thing ever. It could be what takes you to FI.
We bought at the top of our range in 2007, thinking we would stay in the house 7-10 years and my mister's income would increase, thereby giving us the comfort of wiggle room again. Well, two years later, we chose to make a big life change, my husband's salary dropped by half, and we sold the house in the summer of 2009, losing $80K in the process. OMG, the STRESS.
And I strongly encourage you not to go to the tippy-top of your range by buying this particular condo. There are just too many red flags.
The thing that tipped it for me is the HOA taking out a loan so big that it will increase the HOA monthly amount for every unit by $150 for THIRTY YEARS. That's... crazy. And it tells me the HOA doesn't have its shit together. They had inadequate insurance for the storm, inadequate reserves to fill the gap in insurance, and then decided to punt the responsibility for the difference THIRTY YEARS into the future. And if they've already coughed up the info that 20% of residents are behind on their HOA dues, AND there are no HOA minutes because of a "computer crash"? NO. NO. NO.
And please, please, please, do NOT give them more than a year's salary as EARNEST MONEY. That's INSANE.
I apologize for getting all CAPS LOCK OMG on you, but it seems like you're still considering buying this place, and in my view, the best thing to do would be to withdraw the offer completely.