I have also known lots of condo projects to not have had a special assessment in over 20 yrs.Condos prices are also more depressed in price right now than SFR's or units b/c of the financing issues associated with them.

That's my range.Jon- I'll head over to that other thread and give it my best shot!

I can not figure one good reason to partake, for any investor, but I think Joel hit it right on the head.

this looks like a very good deal if vacancy is more around 10%.. rents would be 14400 at the lower end of the spectrum, which leaves you with theoretical 3400 per month. which is 35% CoC off the top of my head.

Steve L hit the nail on the head...in my market there's about a 5% bump in appraisal for condition.

While you do have costs associated with it, you also gain tax advanatges that renters do not have.

I don't have a specific system in place but I do monitor the classified and all the listings on the MLS on a daily basis and basically keep track of things in my head.

Even with an associated bank statement, I can’t believe some sellers still request these.4) Lender changes terms just before closing“Oh, we didn’t realize the house was painted blue.

Marketing is the biggest cost associated with my business.

LOL Good luck trying to figure it out, Ryan - heads of national and international financial systems have been trying to, and losing their pants in the process, much the same as everybody else, the masses who follow suit.