From what I had researched, perhaps one of the biggest cons about condo ownership (like others have mentioned) are HOA fees, but you also have to worry about HOA bylaws, which can change at any time; you can buy a condo now and before you know it, in a few years, they can amend the bylaws to restrict renters or put in place some sort of restrictions that can hinder your renting options. 

Better than a trust as you can always amend the organizing documents.

This means that, once again, a attempt to use disparate impact evidence to establish that a lender engaged in a “pattern or practice” of intentional discrimination will not be tested in court.The amended complaint alleged that there was a “statistically signi4icant” disparity between the way the seller 4inancier charged Asian and non-­?

. --- Alternatively, you may also include an attachment/amendment rider to the lease for these items. 

Have they bettered themselves and made amends for their past mistakes?

If the full price offer is accepted, can I then after the inspection make an Amendment to the offer to reduce the offer amount in lieu of repairs?

The typical outcomes are:-Buyer does nothing and contract moves forward-Buyer requests repairs or concessions and both parties execute an amendment-Buyer terminates and earnest money is refundedThe buyer is not required to provide any "proof" for asking for any concessions. 

Seller has a property management co XYZ they use to manage this property.What I want to find out are what should I be asking for before or at closing.Here are the things I have asked for before option period expires (I have a 10 day option period where I can walk away from the contract for any reason)a) Application criteria that was used to rent this propertyb) Signed Inventory and Condition Formc) Rent payment history (copies of checks or statements that renter paid on time)Additionally I will require before closing a) Seller to terminate any property management agreement with XYZ and provide this written signed termination agreed to by seller andXYZ at closing or before.b) Seller to execute an amendment to the lease or a new lease showing that starting on closing day lease will be between new owners and tenant plus where the payment should be made to.

Unless, of course, the seller agrees to push the closing back with an amendment.

This way known issues are handled in the first version of the PSA and not future amendments.