If you own a home, you avoid the HOA fees, and you can differentiate on the property, seclusion, etc as opposed to having price wars with neighbors and needing the best interior in the building.None of that is to say you can’t make money with a condo

I would avoid.

Send me a DM so we avoid cluttering up Kent's thread, I'll send you the information. 

@Bob Avery - agree on the need and real impact of offering to section 8 voucher holders - an aspect of the business we don't hear folks discussing very often. 

Is there any creative way to avoid/reduce capital gains tax on the sale ?

To avoid actually collecting money every week the lease agreement stated that the term was week to week, but if you paid in advance for 4 weeks worth of rent on the 1st of the month, you would receive the remaining days of the month at the discounted rate of being free. 

@Akil MitchellIf the city has already said the garden unit needs to be deconverted, it's probably best to avoid the property entirely.

Costco makes great-quality stuff, I try to avoid the huge bottles to seem a little fancier but no need to overspend.  

Not saying that those are possibilities but understanding those potential outcome and doing what you can on the front end (screening + clear expectations) to avoid them.  

@Miguel Del Mazo You are correct on all aspects of your response!