Yes you can buy these to rent out. We just had another one closed with an investor. This is his 2nd unit in the same developement. The condo fees on this unit are $160 each month, paid quarterly. The lowest price on two that recently sold was $120000 each. They were both estate properties. These condos, especially the main floor, rent very quickly. The rents range from $1100 to $1300. The condo association will do the property management for you. I can check into the costs if you are interested. Hope that answers all your questions, please let me know if you would like to take a look or have other questions.