That could mean:Your fees could go up at anytime.You could get hit with a special assessment.They could implement a rule about how many rentals can be in the complex / how long they can be rentals.

Nathan,I specialize in this area and would love to help you out!

Then again...In terms of selection in the condo world, unless your 1BR unit has something special (high floor, unobstructed view of the lake, underground access to the subway, etc.) it's not exactly a desirable unit.

Make sure you check to see if the HOA has any current or upcoming Special Assessments (aka cash flow killers).  

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

I worked for many years in finance and specialized in retirement accounts so I know a thing or two.

You need to find an agent that specializes in investors for future purchases.

For further context, below are the type of questions that I am still looking for answers on and guidance that would be appreciated:1) For out-of-state investors, after finding a seller financing deal, do I need to or should I work with a local real estate agent or lawyer that specializes in these type of deals?

There are also a few people on here that specialize in this too.

Also, real estate attorneys have specializations, it might help if you elaborated:  transactional for closings, landlord/tenant, zoning, commercial transactions, etc.