Primary issue I see is being priced too high for the current market by a few hundred dollars. 

Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.

That being said the main issue with leverage is being over leveraged.

Debt is rarely a factor in their issue. the ultra wealthy I know  with a few exceptions have very limited debt.. to no debt. 

dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor  4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works  trying to drill down to decimal points does not.

Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.

They will have a lot of questions and trust issues. 

I have issues with numbers all the time here, mostly to do with impending property tax increases, so it would be nice to know this too.

Originally posted by Account Closed:Robert Lindsley That's the exact issue.

@Tyler Speelman, A 1031 exchange solves the tax issue.