A healthy repair budget is a must.Good luck - if you need help with this deal or anything else in Joliet feel free to send me a message.

Account Closed  now to be like Fox news fair and balancedone does have to be mindful that banks can change policies.. so you do need in my mind a healthy balance of private capital or your own and banks or other lenders as well.07 to 09 saw banking FREEEZE for us in the business I had almost 30 million in various credit lines out and they all got called Save one.. my core bank kept my 6 million working with out it I would have not made it.. the rest did not care and I had written into my loan terms that if they called these facilities I had 36 months to pay them off and I needed every bit of that time to do it.. but I can proudly say I did not default on a one and paid it all back and the agreed on interest. 

This, along with other information that I've gathered, suggests a healthy market for corporate rentals.

The profit margin is very healthy whether you want to sell and even better if you hold and lease the units.

The second place I bought out of state was Charlotte NC primarily because the job growth a couple of years ago was through the room and the population was growing at healthy rate.

The anticipated deal will have a mortgage for 20 years and want to make sure that if someone decides to leave the partnership that the finances of the property remain healthy. 

I was wondering how many condo investors measure HOA health? I

My interest, as a newbie, is to find properties that will give me a healthy rental income and as I earn enough from one to keep adding units.

So, given that there was a crash 10 years ago (and some people forecast another big one soon) and there are plenty of investors that do ultimately fail in healthy economic times, what does that look like, and how do you recover?

It's in your best interest to keep a healthy reserve balance for the property to support these ebbs and flows of cash flows.