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Updated about 10 years ago, 09/29/2014
Rental Cap Limit 30% ??? Any options before to buy?
Hi! I'd appreciate any help here. I just wondering any work around to rentals to avoid to be trap in Condominium rental cap. The manager of the association where I plan to buy (for rental) just told me that they have a 30% rental limit for the condominium. I'm practically new in real state investment. Is there any option to avoid this kind of head ache?? What about if I buy and then I cannot rent my unit? Any other investment alternative? I want to invest $150k
Thanks!!! John