But some believe condos are riskier due to potential mismanagement of the community by the HOA.As an out of state buyer seeking a low risk/maintenance LTR, are there any glaring downsides to buying and renting out a condo? 

I am hoping to learn, network and even provide insight.Currently, I own and operate a property management company, PMI Cardinal, in the Charlotte area. 

Now, I'm shifting my focus to multi-family properties, particularly in landlord-friendly states.

Very common in the Cleveland area for the tenants to supply their own appliances.

The property must be entirely owned and managed within the IRA, with all income returning to it.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

The fire created it's own weather including "fire tornados".  

The states that I know require you to try to mitigate your damages if a tenant breaks a lease early.

Included was 2 bedroom, 1 bath house, 2 bedroom mobile home and a rental lot with a tenant owned mobile home.

My next step is to open a company in the United States, most likely in the state of Nevada.