I looked into subdividing the lot as well as implementing a life estate where the buyer would need to accept a life long tenant, but I was then informed about CPR's or Condominium Property Regime's where I can classify the house and carriage house as separate condo units but maintain the same lot.  

I looked into subdividing the lot as well as implementing a life estate where the buyer would need to accept a life long tenant, but I was then informed about CPR's or Condominium Property Regime's where I can classify the house and carriage house as separate condo units but maintain the same lot.

I looked into subdividing the lot as well as implementing a life estate where the buyer would need to accept a life long tenant, but I was then informed about CPR's or Condominium Property Regime's where I can classify the house and carriage house as separate condo units but maintain the same lot.

I'm under contract to purchase 30 townhouse condominium units (in a larger condo project) and the best play is to sell them off to owner-occupants.

Single-family home sales increased for the twelfth consecutive month, up a dramatic 48.2 percent year-over-year with 9,702 units sold;The Days on Market (DOM) figure for single-family homes dropped from 58 to 34;Total property sales rose 55.5 percent with 12,100 units sold – the second highest volume in history;Total dollar volume increased 100.5 percent to $4.4 billion;The single-family average price reached a new record high, rising 29.7 percent to $387,105; The single-family median price rose 21.7 percent to $304,000 – also a record high; Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.3 months year-over-year and below the national inventory of 2.4 months;On a year-to-date basis, single-family homes sales are running 29.5 percent ahead of 2020’s record pace.Townhome/condominium sales jumped 103.4 percent with the average price up 15.7 percent to $238,839 and the median price up 21.7 percent to a record high of $213,000;Single-family home rentals fell 26.8 percent with the average rent up 10.6 percent to a record high $2,025; Townhome/condominium leases declined 3.5 percent with the average rent up 8.5 percent to $1,716.

You don't want to buy in an older Condominium and have a Special Assessment for new roofs the day you move in. 

However, the condominiums do not allow STR in the Gardners Basin area. 

Our friends over at Attom just released their first-quarter 2021 “Home Flipping Report” showing that 32,526 single-family homes and condominiums in the United States were flipped in the first quarter.

The access is shared with a condominium complex.

There are primarily two types of condominiums.