condo rentals a good idea for beginner landlords?
Can investing in condos be a good idea for beginner rental property owners? I know they will probably cash flow less due to the HOA fees, but at the same time for a new investor there won't be as much worry about any exterior issues. At the same time I guess those HOA fees could just be put into a future repair fund for single family homes. Any success stories in people that have started with rental condo units?
Trying to decide between a condo, multi family, or single family for my next property.
Thanks!
Andy Rousch