4 individual leases in any 4 bedroom spot sounds like a college rental?

Support - I will be asking the builder if the floor will be sturdy enough to support everything that comes with a bedroom 3.

@Tim Chase I purchase a lot of condo's and Townhome's, I will usually see this in the smaller projects as they are trying to protect the Owner Occupied versus Investor ratio so future buyers have an easier time using all available types of financing to buy from the current sellers, basically the HOA protecting the exit strategies for the sellers.

I’ve found a condo I plan to purchase for $80,000 in Florida as a buy and hold.

SFH, MFH, condos, townhouses.

What size of units, 1 or 2 bedroom units? 

I bought a property (condo) at a foreclosure auction and I am waiting for the deed.

Since I had very little money, the only thing I could afford in West Chicagoland were condos and townhomes. 

@Dave Lawrence - I feel like I had talked to penfed back in 2015 and from what remember they dont do HELOCs on a rental condo which is what I have in SF so thats why I couldnt go with them but I could be wrongThanks for the reminder on penfed.

@Larry HawkinsThat cap rate appears to be an unstable C-. 2 bedroom for $500 is another indicator