HOA at Bartley is not bankrupt, it has never filed bankruptcy, and it is not in danger of filing bankruptcy. The developers and the HOA are two separate entities.
The previous condo board was a disaster and was removed by the residents. A new board was voted in place by the residents. The new board has taken a fiscally responsible approach, while at the same time improving quality of life issues at The Bartley with a portion of budget savings (i.e. repairs, appearance, and security). They have several improvements planned for the coming summer as the board and residents are committed to fulfilling the original intent of the project, to make it the premier residence in downtown Toledo.
Renting is generally discouraged, are you looking at renting or purchasing? If you'd like more in depth information I'd be happy to share. You won't necessarily get accurate info from Tyler the real estate agent unfortunately.