Does the 1% rule apply for condos?

[Carlos H DeOliveira]

There are a lot of posts about different rental markets, turnkey providers, rent to value, BRRRR, and etc...

What about remote investing in a condo?  It's fairly easy to get 1% rent to value in a condo, you have to deal with condo fees, but you would have lower Cap Ex expenses and usually cheaper insurance.

Does anyone here invest in condos? What is your opinion on condo vs turnkey, pros and cons.

What are the key differences when creating a single family proforma vs a condo proforma ?

[Joseph Firmin]

If the numbers work then yes. Condos can be great if you are accounting for potential assessments, maintenance, HOA fees, etc. I think some people are turned off by condos because they are not in control of the amounts or timing of the assessments that must be paid. If you run your numbers, you should be good.