Condo Rental Advice!!

[Nick Delfin]

Hey everyone!

Looking to purchase a condo in cash for rental purposes. 

Condo is about $70,000

Comparable rental rates in the area are about $1100-1400/ Month.

After buying the condo my on going expenses will be, HOA fees which include my Property Taxes and utilities. As well as my Home owners insurance. About ($400/Month)

Does anyone have experience with renting Condos?

Positives and negatives?

What us one thing you wished you knew before purchasing a condo for a rental.

Cheers!