Risks of four plex part of a larger association
Hi BP members, what are your thoughts on 4-8 plex (1-2 Units) condos / apartments that are apart of a larger association (10 units)? I came across a couple in an area that I was already looking to buy. Understandably your rent and competition is at the mercy on how well the other owners take care of the interior of their complexes.
I am hoping to get everyones take on this, since I couldn't find a previous post specifically on this topic.
Thanks you,
Kevin