While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

Hi everyone, I recently purchased a rental property in a condo managed by an HOA, and I’m dealing with a challenging situation that I’d appreciate advice on.

2) How did you structure your first deal, and what challenges did you face?

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

Being young will present challenges in a field where experience is highly valued not just with lenders.

As many cities require insurances for any rental properties, this will be very challenging for market being affected.

Yes that seems high but without a breakdown of costs for the 13k it's challenging.

People all of the time, "over estimate" the opportunity and "underestimate" the cost and challenges in doing a profitable flip.

I am having a similar challenge as well, I had paid the 20% for couple homes in Ocala in 2021 and it is now two years and the dates have just got extended multiple times.

How is this a positive environment for real estate investment?