There is a Studio (0BR 1 BATH) Condominium in good condition in town where I went to college in New Paltz, NY and near where i grew up and here are the details:The condo currently rents for 800$Owner is asking 65K$Taxes are 2000$ a yearHOA is 192$/Moinsurance...?

I mean there was a grocery store on the condominium property that was a good incentive for potential tenants.

What is a Condominium Property Regime (CPR) in HawaiiCondominium Property Regime (“CPR”) refers to the specific form of ownership and governing process created when real property becomes a condominium. 

This forum in particular deals with condominiums, townhomes, planned communities, etc. 

If the City considers it a condominium development, then you could organise an HOA.  

Detroit home prices are going INSANE according to the Detroit News http://www.freep.com/story/money/real-estate/home-sales/2016/04/23/detroit-downtown-midtown-condominiums-m1-rail-arena/83191622/

Purchase price: $93,500 Single Family Condominium - Buy and hold investment What made you interested in investing in this type of deal?

I'm looking to purchase a 2-bedroom 2-bathroom condominium in the Fullerton California area.

@Sachin Maskey I'm generally leery of condominiums and town houses because of the condominium associations.

For comparison, the national housing inventory is also at a 4.1-months supply, according to NAR;Townhome/condominium sales rose 8.2 percent year-over-year, with 538 units sold.