The test were very difficult and challenging. 

Due to current market conditions and unforeseen financial challenges, we havedecided to temporarily suspend distribution payments.

Combine this with interest rates that are near the high for this century and cash flow is challenging.  

While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

Hi everyone, I recently purchased a rental property in a condo managed by an HOA, and I’m dealing with a challenging situation that I’d appreciate advice on.

The more challenging stipulation is you would need to use it more than 50% of the time for business use (and you need to log the miles to document that).  

Lending was another challenge, lending restrictions were starting to tighten up, and we had to get a bit creative with our lenders to get the financing we needed to close.

As many cities require insurances for any rental properties, this will be very challenging for market being affected.

Yes that seems high but without a breakdown of costs for the 13k it's challenging.

It’s not always easy, but each challenge has taught me something new.