I'm looking to purchase my first condo to live in now but rent out in the future.

I recommend latex type to homeowners that live on expansive clay soil so movement in slab is reduced and doesn’t transfer/pop tile floors.  

@Jeff Weeks why not go with the cheaper stuff from the big box floors?

Dog **** on the floor,  rusting cracked pipes in the basement,  cracked foundations, leaky roofs,  you name it. 

I will be living on the first floor taking over that unit from the current owner. 

And because they have dispensed with HVAC (some will have a single ductless mini-split), there is more usable floor and wall space - no vents, no radiators, no baseboards.

New hard floors downstairs and new carpet upstairs.

 I agreed to purchase a condo in Toronto.

The lower price ranges are on fire and with lending becoming easier to obtain on condos and hoa's in litigation I would expect those to continue to sell quickly and for top dollar.Hope this is helpful.

I have some past experience with real estate, and I've bought and sold one condo, and I'm in the process of selling my small business.Most days, I work as an analyst in the construction rental industry, but I'd like to one day leave the corporate life and have various income-producing investments.If you are in the Los Angeles area and have good experience, I'd love to meet up for a cup of coffee.