I'm getting married next month, and have been feeling the pressure to buy a condo, that would serve as a home base for me and my wife when I'm in between international assignments (10 days each 4 months) and would hold me and my wife's things (wedding gifts, furniture etc)My biggest problem is that we would only live in the condo about 20% of year, as we would be traveling abroad as part of my job.

But if you do have that set of keys, you could save yourself a locksmith's fees in case if any emergency came up.  

We struggled with two sets of bad tenants for about four years and ultimately made as many mistakes as we could possibly get our hands on.

Set up some calls and find the ones that are experienced, personable and fit your needs.

I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it. 

For purposes of discussion here, assume the HOA is well run, the annual operating budget is sound and the account balances for reserves are within the guidelines set forth in the most recent reserve study.  

By converting it into your primary residence you set on a path to convert some of the gain from tax deferred to tax free.  

We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

So 2-3 months go by and were all set to close in 2 weeks or so and it turns out he gets denied by the board.

Most investors want up to 125k price range with an arv of up to $150ish...If you like, give me a call to discuss, and maybe we can set you up a search such to where you are notified immediately if properties come on the market and then if you find something we can go look at it for you...