This website seems deciphering the whole context we discussed here:https://thairesidential.com/buying-a-condominium-in-phuket-t... 

I also checked out Belize and decided to add to the number of condominiums I owned in Cancun Mexico in stead.

For instance, the condominium we currently own is valued by the county at $170,000 but when we look it up on www.zillow.com, it's value is $196,000.

(See the section on Rent Control for details regarding rent increases.) elsewhere on the DC.gov siteThe landlord may evict a tenant for only one of ten specific statutory reasons: Nonpayment of rent; Violation of an obligation of tenancy, of which the tenant failed to correct after notice; Tenant performed an illegal act within the rental unit; Landlord seeks in good faith to occupy the rental unit for personal use and occupancy; Landlord sells rental unit to a party who seeks in good faith to occupy the rental unit for personal use and occupancy; Landlord seeks to renovate rental unit in a manner in which tenant cannot safely occupy; Landlord seeks to demolish rental unit; Landlord seeks to substantially rehabilitate rental unit; Landlord seeks to discontinue rental unit for housing and occupancy; or Landlord seeks to convert rental unit to a condominium or cooperative after securing governmental approvalYou may have to evict because you want to substantially rehab the place. 

Most of us think it's to protect the condominiums and hotels on the outer ring of the beach to contribute heavily for politicians.

Property owners can obtain a cost segregation look-back study on their current property to recalculate the depreciation for previous tax years based on their reclassified assets.CAN I STILL DO A COST SEGREGATION STUDY IF MY CONDOMINIUM COMPLEX IS A SHORT-TERM VACATION RENTAL?

The HUD Mortgagee Letter issued new guidelines for manufactured housing that included eligibility for manufactured homes in condominium projects.

Assuming the condominium complex is well maintained, it is still "dated", and more importantly  the assessments (HOA fees) are $255 a month.  

The savings in filing costs, tax returns, etc do add up quickly as the property count grows.Right now I have condominiums and am looking to grow, possibly into multi-family.

Be aware that most condo communities in the Virginia Beach area will not allow “short term” rentals with the condominiums.