The last thing you want to do is turn an asset into a liability. 3) What is your plan to repay that lump sum?

However, it would be a good idea to get a list of special assessments within the last 5-10 years (if possible) to get an idea of what to expect.2.

@Russell Brazil can answer this one for you Condo market has been improving for the last 2 years slowly. it's still not great, but it isnt terrible like it was a few years ago.Most people who are selling permit ready are doing so because of their borrowing costs exploding.

I had turnover, evictions, tenants needing support from the state, and vacancy issues last two years.

Also, I've learned the hard way of believing a lender can do something too cheap or too unusual even if that say they can, from having them deciding they won't fund at the last minute.

I saw a number of 1031 exchanges in the Myrtle Beach market last year. 

Hi Dylan, we found a great duplex for one of our clients for $380,000 last year (he is around your age!).

I've read they last far longer, more weather proof.

Hey Noe, the companies willing to insure mixed use buildings has changed drastically in the last 12 months, and will change again in another 6-12 months. 

I am confused about some of the things you mentioned in your last couple sentences...