How often do condos get assessed for special assessments ?

[Anya Nanda]

Hi All,

I am a newbie investor and am looking at condos in my area as potential investment property. The numbers and returns work and maintenance is limited so condos look like an attractive option for me.

I wanted to know if special assessments are inevitable for all condo communities or well kept communities can avoid these ?

All thoughts welcome,

Anya