Most of the time you'll be fine, but when something bad eventually happens (with enough exposure over time, you are virtually guaranteed to have something bad happen), the outcome is likely to be catastrophic. 

The only thing that would make this bad is if the vacant unit were rented and not leaving.

I have seen too much of how bad of jobs contracts can do when left to their own devices.  

Hi all,We have been dealing with a really bad bank tech-issue in our HELOC application. 

Otherwise, it looks like you may have 1031'd into "bad investments" for the tax deferment but are now eating the cash flow as a result. 

Yeah, treat the property well, make it nice, and you won't have any issues there.

Home prices are a little inflated but nowhere near as bad as florida or texas. 

I know he is your brother, but that's a quick way for a bad Thanksgiving dinner when you disagree about something and don't have an operating agreement to help you resolve the issue.

As a landlord, I've great respect this individual and have treated him very well.

Insurance shouldn't be bad as this is a condo, so a lot of potential risk is covered by the HOA insurance.