Buying an Investment in a Co-Op

[Rik Shaw]

Hello everybody,

I am considering buying an investment unit in a co-op.  Now, I know there are some concerns with renting the unit, however this co-op does not have any restrictions in renting.  I am looking into what the application fees are and what are the requirements for the renters, and thats pending.

What else should you look out for when looking at an investment in a co-op building? 

Would you ever consider buying in a co-op?

Thanks!