That being said, before buying make sure you vet the condo association documents or the HOA documents.

;)https://homes.yahoo.com/news/experts-rent-control-causes-more-problems-solves-181219436.htmlRising rents nationwide are causing rent control to gain traction — but not among economists, real estate analysts and other housing experts.A whopping 63 percent of experts surveyed for the Zillow Home Price Expectations Survey (ZHPE) said rent control ordinances are “government intrusions into the marketplace that, however well-intentioned, always create more problems than they solve.”It’s unusual for such a large group to agree on a single answer, according to Terry Loebs, founder of Pulsenomics LLC, which developed the Zillow-sponsored survey.

In this you would be wise to work with your accountant to use documentation to memorialize your intent to "hold the property for productive use in business trade or for investment".  

Search by document type...LP.

People stealing copper pipes is old news, it happens everywhere and people who think, not in this neighborhood are dreaming.

As it turns out (which they never told me), that tenant backed out and they apparently then applied for Section 8 and now have a renter in place paying $980 ($127 of which she pays and $857 of which the housing authority pays) and supposedly there is some government program that is making up the difference (I have yet to see any documentation on this).

If you have listened to bigger pockets 135 or heard Brandon/Josh talk about it you know what I mean when I ask what are those documents you MUST have when going to a bank/lender?

This is the most inspiring news I think I've ever received!!

@Jon S.Here's the difference in me and many of the strutting peacock braggadocios blowhards on BP and Facebook (not referring to you):I can back up everything I say with documentation and recorded calls. 

Maintenance issues are all documented on the owners/renters internet portal.