Was originally meant to be used as a short-term/vacation rental, but covid hit as soon as we were launching so we switched gears and quickly leased it for a 2-year contract.

Why not just build/purchase commercial properties like Multi-family, Condominium, Student Housing, Condotels. 

My question is, Has anyone else on here invested in Condominiums, and if so, what should we look for or avoid to be successful?

With souring student debt and outrageous cost inflation for tuition, it makes you wonder what you could launch into without the burden of payments and interest right out of the gate.  

@Dan Krupa we don’t have a Facebook page but we are creating content for a YouTube channel that we will be launching soon.

The rental is a 2 bed 2 bath condominium for $175,000 overlooking Lake Norman with the surrounding condos with same layout going for 210k.

Also, tenants haven’t been able to use some amenities, such as gyms, that have been closed or restricted during the pandemic.Last month, Cline’s company launched a $1 billion fund set to acquire and invest in about 4,000 to 5,000 new construction rental homes in addition to existing single-family residential portfolios across the United States.In recent weeks, other investors have been flocking to the property type.Haven Realty Capital, one of the first investors to target for-rent single-family homes after the Great Recession, is teaming with Chicago private equity firm Walton Street Capital on a $133.7 million deal for 537 properties in greater Atlanta.Single-family rental giant Invitation Homes and Rockpoint Group this month said they plan to buy up to $1 billion of rental homes.

Interested in comments. https://www.bisnow.com/national/news/other/blackstone-profitably-exits-single-family-investment-which-is-still-growing-101937#:~:text=Currently%2C%20the%20company%20owns%20about,launched%20Invitation%2C%20told%20the%20WSJ.

I personally don't purchase condominium since you can not control your cash flow due to the condo fee.   

And I didn't think the credit reports had enough detail.I was on a call with RentPrep very recently, and they are very close to launching an a la carte service, which allows us to pick and choose what we want to run when.