CapEx percent for condos

[Allie Barke]

I am hoping to buy a condo as my first rental property. It seems there is not a lot of discussion around condos on BP. I think that the percentages for CapEx and maintenance should be little lower for a condo v.s. a single family home since the HOA will cover some expenses and there won't be any major repairs needed i.e. roof. Does anyone have experience in estimating expenses for condos? Thanks in advance!