Hey BP,There is a condominium complex in my local area that seems to always have three or four units up for sale on the MLS simultaneously.

Or what do you think I'd be able to charge for condominium rent?

Because the condominium complex is not qualified/approved for FHA lending.

And to answer your question, essentially, from my understanding, a cooperative condo is basically under full ownership of a company/ corporation that owns a building of condominiums.

Likewise, transforming the main house into {4} apartments or condominiums would necessitate a similar or greater sacrifice to meed modern fire codes; to add kitchens to the individual units, and to insulate and install separate HVAC for each unit.  

Security was a trust deed on a condominium (or so it appeared) in a city close to where I live. 12% interest only monthly payments, balloon in a few months (the maturity date had expired a few years ago).Looked at the signer of the note (borrower) , it was a corporation signed by an officer of the corporation.I'm leaving for a family camping/fishing trip up in the mountains, so I don't have much time to dig deeper until I get back.  

The disclosure statute, effective for instruments executed on or after August 1, 2013 and modeled in part on the condominium/townhome disclosure statute, requires a “multiple seller” of residential real estate selling on a contract for deed to provide certain statutorily mandated disclosures.

Highlights are: Single-family home sales rose 6.7 percent versus July 2014;Total property sales were up 6.0 percent year-over-year to a record 9,653 units;Total dollar volume increased 11.9 percent to $2.7 billion;At $293,790, the single-family home average price reached a record high for a July;At $220,000, the single-family home median price also achieved a record July high;Single-family homes months of inventory climbed to a 3.4-months supply, matching a level not seen since July 2013;Townhome/condominium sales rose 7.3 percent;Single family home leases were up 11.8 percent while townhome/condominium leases rose 8.0 percent with average rents up year-over-year.Read full report here: http://www.har.com/content/mls

It has not and does not slow down construction of condominiums.  

Looking forward it also lends them to becoming condominiums.