Except as otherwise provided in subsection (1) and as set forth below, the lien is effective from and shall relate back to the recording of the original declaration of condominium, or, in the case of lien on a parcel located in a phase condominium, the last to occur of the recording of the original declaration or amendment thereto creating the parcel.

In most cases they are very similar to SFH in terms of investment; Except HOA fees. 

However, there're exceptions.

Current exterior rehab work includes:LandscapingOverall CleanupIrrigationAsphalt resurfacing (Next 2-3 years) Currently all units are rented for 700 a piece except for the tenants that just moved out which I am renovating and moving into.

They need a lot of work and there is little demand by tenants except low rent transients.

Except for sending numbers I don't find it useful or quick.

It seems that it includes most of what I'm looking for except a web site.

While you do not need 6 months of living expenses as a emergency fund, you do need some put back.The only exception I can see for the time being, is if you were able to find a turn-key duplex, triplex or 4plex where the mortgage payment (PITI) would be $700 or less and live in one of the units.

Seller financing doesn't change capital gains tax generally, except only the principal received is taxable under the capital gains.

It sounds almost too good except for the PMI that I would assume you have to pay.