I hope to first acquire a duplex that I will occupy, with the first investment property being either a SFH or small condominium.

Hi,

I just bought a a condo in a large building of 20+ condos, it is currently being rented out to a tenant. I am trying to figure out what my building / land ratio would be, for depreciation purposes.

How exactly...

There is currently a glut of condominiums on the market in both the Cincinnati riverfront and downtown areas as well as the riverfront areas in Northern Kentucky.

I thought Panama City, Fla was THE place to be with all of those high rise condominiums reaching the sky.

Not paying your condominium maintenance fees is also a quick way to get into a bad foreclosure situation.

This is not a condominium...it is a condotel...which creates its own set of challenges, including financing.2. 

I am also an active board member in my condominium, managing the $2mm+ budget, negotiations with vendors and communications with unit owners and investors.My goal is to create an investment partnership through which to raise equity to grow a portfolio of multi-family and mixed use properties across a diversity of geographic domestic markets.

R Collins Steven Hamilton II (I @ Steven in response to his comments about going to court)I can't speak to specifics of FL law, but I can tell you the general legal concepts involved....When you purchase a property subject to a condominium association, homeowners association, or master association - your obligations stem from accepting the deed to the property.

Larger properties bring you economies of scale, more stable cash flow, but, typically, less appreciation than a residential (1-4 unit) property (because they are run like a business) ... though in TO, with its condominium addiction, there is plenty of speculation on larger properties as well.

The details are as follows: DETAILS: (From Owner) I have decided to sell my 17 condominiums and one 1st mortgage note against the 18th unit (73K is owed to me now unit is worth 40k .)