Anyone do this? Instead of SFR flips, does anyone ever do flips on condos? I assume that this would be more for city life such as SF, NY, LA where you can find lots of condos that are still selling.
I was curious to know how successful this could be?
Condos definitely present their own set of challenges just like a single family house. Be aware of things like condo rules regarding investor owned versus owner occupied units as this could effect your or your end buyers' financing possibilities, special assessments or association fees that could effect your carrying costs, condo rules regarding renovations and what owners are allowed to do or restrictions on noise or work hours. Aside from differences like this I would imagine a lot of the same concepts would apply.