investing in Condos?

[Brandon Morgan]

Hi all! I am new to real estate investing. my plan is to own multiple properties and rent them out. I am in the NY/NJ area. originally I wanted to focus on multi-families but in my area that is very difficult right now. what is your opinion on buying condos and renting them out? are condos a good investment in that way? I am trying to find a way to get creative and get my foot in the door in this crazy market. 

[Caleb Brown]

People have done well with condos. Good part about them is low maintenance and usually quality tenants. But they are risky. The dues can get insane. They could vote against rentals or do a major repair that you have to chimp in for. I would rather do single families, you have control over it.