(Call them condos if you want the pride of ownership.)

There will also likely be condo fees. 

I'm on Maui where if you are looking at STRs, you're going to be looking at condos.

(Manhattan condo starts at 2M) I can guarantee 95% properties are running illegally. 

My broker could not find any other carrier to cover a rental condo. 

With 30 years of experience in real estate and now owning a quadplex, duplex, and a condo STR, you’ve already built an impressive portfolio.

A condo or townhouse are appealing to us as a first investment.

All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.

For rentals, would a single floor or two floors makes sense? 

One just need some interior paint and refinish the hardwood floors and it was ready to rent.