I own over fifty units here, and overall, I've been happy with my portfolio.

I wouldn’t think this would necessarily be the correct solution in a condo unit.

@Alecia Loveless is correct--tenants need access 24/7 to their electric service panel, water and heat, assuming those are individual utilities for each unit. 

Maybe they would/could take it upon themselves to pay for the repairs to the roof to salvage your unit and prevent further damage then they would go after the HOA to recoup costs.

We have 500 residential units and quite a bit of commercial too.

Hey Brody,If you plan to purchase a duplex, I'd consider buying it as owner occupied and rent at other unit.

Once the tenant applies for the unit, you'll have to work with the tenant and Section 8 to get approval, which always includes an inspection of the unit.

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips.