Of course, Condo has many of its own problems too, like high HOA fee, sometimes very strict HOA board members who make things very rough, issue many HOA violation letters to owner in a short period of time, which make Condo owner's life not so easy; in addition, there are many water leaking damages between Condo Upstairs and Downstairs units, then the Condo Upstairs owner and Condo Downstairs owner need to fight and argue who is responsible for the expensive water damage and Mold problem caused by the water damages, then it may lead to insurance claim, Mold remediation and restoration... many many troubles in Condo. 

They usually start at over $1 million and come with even more strict requirements.  

The Realtor must be with you on the very first visit, builders are very strict with this.

Termites do not eat just wood, they eat books, cloth, and yes, concrete as well as a mean for a path to get to the rotten woods or desirable termite diet.  

Make this a must have.2) consider upping the securityDeposit to cover for your new renovations.3) have your lease strictly forbid subletting so you have control over who comes and goes.Good luck,

Environmental and water agencies are very strict on waterways, creating silt that falls into creeks, cleaning out creeks, having any equipment in creeks, etc. with big fines if you do something wrong. 

However there is a state law which says cities cannot prohibit short term rentals of 7 consecutive days or longer (does not state it has to be the same tenant the entire time) Obviously strictly renting my place out for 7 day periods or longer would severely impact my audience, even at a reduced rate.

Be very strict on rent money dates.

We stick to very strict procedures and budgeting, so when we get our next property this year we can just add it to our existing procedures. 

That is strictly based on the numbers.3.