Condominiums in Palm Desert

[Pandu Chimata]

I recently visited Palm Springs, Cat City, Pam Desert and La Qunita to scout for investment properties. I saw quite a few potential investment properties. I like Palm Desert in related to all other cities though every city has their own unique potential.

Initially, I was exploring single family homes for seasonal rentals but most them I saw in my price point (around $400K) were not really great candidates for seasonal rentals.  I am trying to shift my focus on condominiums for seasonal rentals.

I understand - condos will bring their own challenges of - high HOA, CC&R, minimum vacation period restrictions, etc.

I am also looking on other side - they provide a package deal for vacationers to enjoy - such as - gym, security, golf courts, swimming pool, private walking areas,etc. 

Did any one has good/bad experience they would like to share in using their condos for seasonal rentals ? or the market has too many condos ?