@Hao Dinh you should really ask if the condominium is "warrantable" or not. 

Meiers (assessor valuation disregarded in favor of estimated building replacement costs)During 1977, petitioners purchased for investment purposes two condominium properties known as the Via Serena property and the Calle Sonora property.

Single-family home rentals fell 35.4 percent while leases of townhomes and condominiums dropped 44.5 percent.

I just turned 26 and have two condominiums in the suburbs of Chicago.

All leases shall: (i) be in writing; (ii) provide that the terms of the lease shall be subject in all respects to the provisions of the Condominium Documents, and any failure by the Lessee and the other Residents of the Unit pursuant to the Lease to comply with the terms of the Condominium Documents shall be a default under the lease; and (iii) be of a duration of not less than ninety (90) days.

Members of condominium management associations and tenant stockholders of cooperative housing associations are allowed to claim a proportionate share of the total system expense towards the tax credit. 2. 

Makes conforming changes in the State Finance Act and the Condominium Property Act.

I own 12 condos in a community in Savannah, GA and I tell all of my clients to definitely beware of Condominiums but don't write them off completely.

I’ve looked at 1BR in Condominium Tropicale across the street from the beach for $75K.

These two paragraphs from the article linked above sum it up nicely:"From 2009 to today, new construction of single-family homes, condominiums, and apartment units totaled 5.6 million.