Call me crazy but I'm starting to love condo/townhouses again!

[Troy Zimmerman]

So I bought two condos last month.  Mostly out of necessity due to some family housing needs. No, my wife isn't leaving me, although I still don't understand why :)

Anyway, it reminded me that there are some real advantages to owning condos and townhouses. For example

Significantly lower insurance premiums. Limited cap ex.  More consistent rental pool due to amenities like pools, clubhouse, walking trails, etc. Ease of ownership / fewer MAJOR issues. 

Anyway, I know all the downsides, and I don't expect these to cashflow or appreciate as well as my multifamily, but it's an asset class that is back on my radar.  I'd love to hear everyone's thoughts on condos!

[Reid Chauvin]

Just bought my first condo in Nashville as a way to get into what's been a tough market to buy. Much more cost effective way to own in a more central/desirable location. Aside from having to work with the HOA for rentals, I am definitely expecting less headaches than with my other detached property, especially from a maintenance standpoint.