I own three investment properties in a condominium close to the University of Florida. 

Thetenant profile forxxxTrice Rd.Lamar,GA 30xxxis as follows:Nosmoking/vaping on property (inside or out) We do not rent to smokers(of anything)Creditscore600+.Minimumverifiable monthly household income of $2500.00 ($30,000yearly)Nonrelated adult occupants must each qualify for the property.

Some of the top public schools in the state, median household income over $100K, little to no poverty, commutable to both Philadelphia & NYC. 

It said 53,000 households had moved.

And in the medium term, the Tesla I am driving is so much more of a car than those BMW and Mercedes, and when they come out with Model 3 in two years for $35,000, and cost of ownership becomes identical to that of a nicely equipped Honda Accord, there will me a mass shift to electric transport at the household level. 

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Location Investment criteria> 50,000Near Walmart, Lowe’s close driving distanceUnemployment < 8 %Median household cost > 100,000 so you are not competing with stick built homesPopulation growing, stable, not significantly declining Great School district Crime rate not crazy Job diversity: call chamber of commerce, new jobs/employersPlanning and zoning figure out what type of zoning you have what you can and cannot do.

SFR's are still strong and some of the outlying area's which in days gone by would not have seen investors drive through let alone purchase property in, are now good area's to checkout (Otara, Onehunga, Mangare Bridge etc).As always, if you're on the ground, there are deals to be had, but with property prices at 6-8 times the average household income, for me, the figures (currently) don't work with ROI's in the low single figures . . . . 

Before buying a condominium always ensure that the governing documents of the condo association do not restrict or prohibit the rental of condos.

i am looking at a condo in foreclosure for $142,000 plan on putting $30,000 down payment the bank foreclosed on it at $123,900 every other condo for sale in the condominium same square footage 1 b 1b r on the market for anywhere between $168,000 to $210,000 buying the property non furnished furnishing it and getting the on site 3 rd party HOA management marketing they clam to do everything even the insurance on the building would i be making any profit to pay it off if i am buying holding and not touching any of the money keeping it invested