I'm currently trying to sell it, and some strange issues have come up.The house is a single-family according to the County, but shares a driveway with two townhouses, and the developer set it up as a condominium complex in the legal description. 

Dear all,I am in the process of purchasing a home in southern California, and while reviewing the title report, I found this single family house(built in 1960's) is under CC&R, which I thought only condominium has. 

My partners and I acquired some great real estate in a small downtown and plan to develop a nice mixed-use project to include retail/restaurants on the first floor with condominiums above that on the second and third floors.

My inspector did not inspect the other 7 units in the condominium community. 

Zillow for example has not managed to turn a profit yet since their launch in 2006, they are desperatly looking to add profit sources.

We have been getting multiple offers on our "launch weekends" and frequently getting above asking price from the bidding wars.

He got prison AND had to payback 7 mil lol“The scheme involved kickbacks from condominium builders during the 2008 financial crisis, kickbacks that were hidden from lenders to convince them to fund loans in excess of actual purchase priceGroup members bought units for themselves and their relatives and on behalf of “straw buyers” with good credit scores who were recruited under the guise that the purchase was an investment opportunity that required no down payment and would generate rental income, prosecutors said.

Even if they threaten a lawsuit, I don't think they have grounds.You might want to check the Master insurance policy of the Condominium and see what it covers.

Loser was me with invested capital for one year and i could have made 19 percent parking in a S and P fund lol reality is this will never stop as long as people think the way to financial freedom Is rental properties at any cost with no context to risk,  and as soon as they get 20 to 50k in their jeans they launch.. they end up in this asset by default..and of course they simply have no clue as to the struggles of being a LL in low end rentals.. believe me if I thought I could make money at it in the long run I would never have sold the 350 homes I had.. easy to buy .. but just like a boat the happiest day in my life is when that escrow closed and I walked away..  

I'll convert the amounts to dollars for easier comparison.Few years back, I bought a condominium unit in Manila, Philippines (where I'm a local but I'm living in a different country) and it's within the central business district.