If they don’t get the 67% approval, then it is not enforceable and you don’t need to worry about it.That being said, in my opinion there’s also a strong argument that they require 100% approval of the condominium unit owners.

Incredible deal-making conference.This is what every retail needs to see in order to properly assess the viability of a prospective retail site:-Signalized corner, soft corner or mid block-Visibility, frontage and signage -Parking -Ingress/egress -Traffic counts -Population density in a 1, 3 and 5-mile radius -Ditto for median household income -Ditto for ethnic breakdown-Ditto for population growth rate -Ditto for residential and commercial development projects in the pipeline-Proximity to complementary national retailers-Proximity to direct competitors -Proximity to existing locations in the trade area -Lease structure (absolute NNN, modified NNN or NN for build to suits/reverse build to suits; or ground lease) -Rental rate -TI allowance, if any, for aforementioned BTS/Reverse BTS leases

I’ve looked at some past forums and I am currently reading up on it, but any cliff notes on loan options I may have would also be appreciated (great credit and good household income outside of rentals).Thanks in advance!

We would borrow money, but my new counseling business is our household income.

-Population Growth- Ranked in the top 25 fastest growing cities in GA-Low Crime-Good School System-Median Household Income- 65k-Close to Major Highway-Strip malls going up in close proximity-Not a high # of rentals advertised on Zillow comparative to surrounding areasHow much should I be concerned with low rental % when several other factors look great?

Most cities have ordinances about not having more than a certain number of unrelated people living in the same household.

@Wesley Allen in regards to using an FHA loan for a condo, keep in mind that FHA will only lend within anFHA approved condominium project. 

My lease states the following:Tenant agrees to pay $850.00 as a security deposit to be used by Owner / Manager at the termination of this lease towardreimbursement of the cost of repairing any damage (other than ordinary wear and tear) to the dwelling caused by Tenant,members of the household, or persons on the premises with the consent of Tenant or members of the household, and anyrent or other charges owed by Tenant.

Look for markets that have good population growth, increasing median household income and increasing median home value.  

Lukes has about 10000)Professional & Technical Services - 85%Construction - 85%Transportation & Warehousing - 46% (FedEx is expected to begin construction of a 1 million sq foot megahub in the next 30-60 days, adding about 400 jobs, Amazon also has a major distribution center here) The median household income for both Lehigh ($54,923) and Northampton ($60,097) counties exceed the median income estimate for Pennsylvania ($52,548) and the USA ($52K).Potential NeighborhoodsI am interested in areas surrounding Allentown and Bethlehem.