Hi Dante...
It is a question many have.... I would say many of the same aspects of the advice you see on the sf and multiplexes can apply (similar on cash flow analysis, screening tenants, etc)..
Also, I am assuming buy and rent (but one could try a flip I suppose).
Be sure also and look at the UNIQUE aspects of condos... Just big picture here and very broad strokes:
Dues and common ownership are a major one. The dues can erode cash flow, but we do have millions on non-owner occupied condos in the US housing market. So some people make them work (I have had 4; 2 currently).
Reserves and association politics are another big issue. Ideally, the association manages the premises and finances (but the reality may be not so much...)
The declaration by laws and such are key, and they prevent all sorts of things (like you working on items outside your unit or even renting your unit). So before you even start to look know the facts about the association.
Look at owner versus renter ration (this will impact financing and marketability).
Lifestyle... Really if you can never imagine running a weed whacker or fixing a loose deck rail or mowing a lawn, then the condo may fit your rental management abilities. But, again, if you love that exterior DIY stuff then not so much..
Also, if you have any specific questions, just quote or mention me and I can come back and fill in (I don't know much about massive conversions or building or developing new ones, just owned and rented a few and been on 3 boards).....
