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Updated over 9 years ago,
Condos as First Investment?
So I've read a lot about how condos are not good for investment rental properties because of their HOA fees and the special assessments that may sometimes come up. But are condos really that bad for being a rental property, even if it's just my first one? They're generally not as expensive as single-family homes, and as a new investor without a lot of capital to invest in most SF homes that aren't in the ghetto, wouldn't this be a good way to get my foot in the door?