Just by assessing what has been provided, I do not believe this will bring a positive amount of cash flow.  

In California, the assessed value can be VERY far off market value due to the various CA ballot propositions that set assessed value upon transfer, and then only allow very small increases per year.  

But you also need to assess your own situation to clarify what you have to offer to your RE journey at this time.

Originally posted by @Nancy Emineth:Try Turnkey Reviews for assessments of some of the Turnkey companies.

Anthony Robbins has a free personality profile assessment on his website.

I've offered to pay the difference in insurance for 2 years so the association assessments won't increase for anyone in the building.  

Ask if there are any current or planned special assessments.

You want "like kind" property and assessing this can be part art and part science. 

It could be just labeled as a monthly assessment fee, and not use the words HOA.  

Even without the potential family drama, this is a hard pass.You're not including CapEx (7.5%)Management will be 10-12%My math puts you at ~$125/month cash flow and 4% ROI, which is too low for me.You have additional risks due to this being a condo:HOA fees could go up at anytimeCould get hit with a special assessment and wipe out months or years of cash flowCondo rules could change to either limit renting of units to a year or two (the complex where I live does this) or too many units get rented out and it becomes difficult for buyers to get financing.