Yes, it states "if the premises are located in a condominium or cooperative development, the Lease and Tenant's rights under it including as to the common areas, are subject to all terms of the governing documents for the project, including, without limitation, any Declaration of Condominium or proprietary lease and any restrictions, rules, and regulations now existing or hereafter adopted, amended or repealed."

It's most likely due to changing household compositions.

It is based on a review of income and household composition.)3.

I also think there may be some unique opportunities to condominiumizing apartment complexes.

For the markets I determine are "green light" markets, I will then start a dual parallel-track process of checking investment opportunities to see if the numbers work (generally speaking) and contacting and interviewing property managers to get their take on the market and begin building out a potential team of local "foot soldiers".The mind dump of metrics I came up with for my analysis so far are (in no particular order):Recent Population growth (2010-2013)Median gross monthly rent (2013)Median gross monthly rent 3-year change (2010-2013)Vacancy rate (2013)3-Year change in vacancy rate (through 2013)Rent as % of income (i.e. median monthly gross rent as a fraction of median household income)3-Year change of rent as % of income% of households that are renters3-Year change in % of households that are rentersMedian price for all SFHs (December 2014)3-Year change in median price for all SFHs (through December 2014)Median price for all 3BR units (December 2014)3-Year change in median price for all 3BR units (through December 2014)Median price for all 2BR units (December 2014)3-Year change in median price for all 2BR units (through December 2014)Median gross annual rent (i.e. monthly gross rent * 12) / Median price for all homes - I know I am kinda mixing apples and oranges here, but it's the closest I can get using available objective dataUnemployment rate3-Year change in unemployment rateGDP growth (time period depends on data available)Job growth (time period depends on data available)Household income growth (time period depends on data available)Proximity to major international airport (i.e. how easy will it be for me to get there?)

As you know, a condotel is a condominium project that is operated like a hotel in that the place is rented like a room of a hotel.

I think Sean Terry said this was close to the best parameters for getting a good response.City of my choiceTotal Assessed Value 0 to $100,000Property TypeResidential: SFRLength of Residence10+ Years(Household) Age65+ YearsADDRESS-COMPLETENESS Mailing and Property address CompleteCORPORATE-OWNED ExcludeI got 327 from the above criteria for $57.  

Here are the Florida FAR/BAR forms.Residential Lease for Apartment or Unit in Multi-Family Rental Housing (other than a Duplex) Including a Mobile Home, Condominium, or Cooperative Residential Lease for Single Family Home or Duplex

A fridge,toaster and MW on the same 15A circuit could do it, but normal household loads SHOULD NOT.Get one of those 3 led outlet testers and map the apartments with someone turning on and off the breakers.

MOST IMPORTANT: DECLUTTER, DEPERSONALIZE -- the buyer wants to envision themselves in your household --- this article may help too: https://www.nytimes.com/2015/04/26/realestate/small-projects-big-payoff.html