I manage a 46 unit condominium complex here in Ocean City and I always recommend a home inspection, even though I know the building and the financials inside and out. Obviously the process is much simpler than that of a single family home, but just as important. Most inspectors will take this into account when charging the homebuyer.
You have no idea how each individual owner has maintained the HVAC unit, the appliances etc. Also the plumbing and electrical are the responsibility of each owner. Especially if the unit has had multiple owners. We recommend a Spring and a Fall maintenance of the HVAV but you would be surprised how many owners actually do it.
With a home inspection, you will know exactly how well the unit was cared for and what will be needed to make your purchase a happy one ...rather than a money pit of unforseen expenses..
Feel free to contact me if I can be of further assistance ,
871 7th Street, Ocean City