As stated below, it really depends on the association restrictions regarding renting the property out. Some do not allow rentals - others will only allow a "percentage" of the properties to be rented out.
If you are looking in the Cary/Crystal Lake area, I'd be happy to send you everything I can find in the price range you are looking, and I can go over in detail the pros and cons of any units you are interested in. There are also some investment opportunities in Lake in the Hills, and Carpentersville that may be of interest to you.
Additionally, I offer an exceptional rebate program for investors that dramatically adds to your bottom line after purchasing a home. Feel free to shoot me an email directly via my website - www.SelectiveBuyer.com.
If you have any questions - please let me know!
Prospect Equities Premier
Direct: (630) 747-3426