I'd rather meet that criteria with a vacant property at closing than have deadbeat tenants in an less-desirable property.If you don't rush into anything, and do your homework, you will be able to find both

Looking at the math I get why it's a great investment, so now it's down to the details.

just purchased a condo from them last month.everything went well.i do suggest you read the contract and addendum (if there is one). if the language is not clear enough for you - use a pro (lawyer or real estate agent) to assist you.make sure you do your "homework" before bidding , it seems like it is "buyer beware" with them.Good Luck.

My fear is I'm TERRIBLE at math & no studying in the last 36 years, but I know you are right.

Would have been easier if you were living there,but if the move was forced you'll have some leverage.Otherwise its a math problem.

So then when I call them and I don't have comps right off the top of my head, or can't give them a price within the first 30 seconds of a conversation, they think that I didn't do my homework and that this is all a game.I had to think it through and to me the people that I would lose from sounding like I didn't know what I was doing was more of a chance than me losing someone from them not wanting to leave a voicemail..just my take on it

But with that don't use eraser math to "make" a deal out of a dog.

Z buyer is not a scam but before you sign up , Do your math first because they do not refund your money once you start.

This means it may be hard to simply sit down and figure out simple math on the general taxation without involving IRS rules.

furthermore, you should do your homework on the association first.