I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers. 

Tenancy in common gives more control over what happens after death, allowing you to specify beneficiaries or sell your share separately.

I'm interested in buying and selling land.

I'm also not a system matter expert and don't want someone trying to sell me something that is not really needed. 

Even if they decide to sell before the assessment hits, good buyers agents will always request minutes or management to disclose any assessment discussions.Third, there is more and more rental buildings in Miami that can be as affordable as old / smaller condos.

The reason is their team is focused on selling a volume of listings to eek out a living.

Deciding between selling vs renting out a single family with 5 bed/3.5 bath.

If the property does not debt cover, you may want to consider a no ratio loan, qualifying with a bank statement loan, or just selling the property all together. 

My 5th and final mistake: Not having absolute clarity on wanting to BRRRR it or sell it.

In NY it will take 70-90 days to get a mortgage turned around.Fake numbers:* Purchase: $400k* Fees/Transaction Costs/Repairs/Holding: $200kAssuming equity requirements are 25%, you'd need the property to appraise/sell for 800k to get your 600k back out (and return to the lender).