House is actually a Condo

[Bentley O'Neil]

I have 2 buy and hold duplexes and am looking at my first flip in Boise ID, We were out offered by other investors and now everyone is off the table because the house is actually a Condo. There will be no HOA fees and presently the out of state developer is paying out of his pocket for the maintenance of street, and front yards. When they do put the HOA fees into place, they will be between $50-$75 a month. The HOA covers common area, street maintenance and front yards of the 4 units. It does not include siding or roof.

Is it worth coming back to the table? Is the value of the property less now? We already assumed it was a condo when we offered and there aren't many comps in this area for that type of property. What would you do, what other things should I watch out for? What potential risk does this cause when we go to re-sell it in a few months?