Do the hoa documents limit the number of rentals in the complex, some do.

Just really research that area regarding those vacancy rates and what plans there are for other complexes to come online in the future look like.

No complexities or anything else, just a number with the name of the place i spent money.The simple act of tracking the expenses and thinking about it changed the way i spend money, and i now save the majority of my disposable income.

Hopefully I don’t get in trouble for some of the things I say...We ditched the Home Style loan due to the unnecessary complexity and time delays.  

Then in my old neighborhood, there's a strip of land between railroad tracks and home backyards, vacant, a developer bought it, and it took years for him to get the approval to build an ugly over 15 story condo complex in a 2 family zoned area.

I have suggested fencing the community, putting in an office, and creating an office complex.

It seems to depend on the amenities in the complex. 

I'm talking with an agent who's selling the portfolio of a client who's getting into apartment complexes.

@Evelin Montenegro this would work on a small scale, but would be disastrous if you have a larger complex.

The process of analyzing the investment is quite different, of course, because you are not buying something to live in, but buying it for commercial purposes.Unfortunately, I may not be the best person to talk to about this because I buy apartment complexes.