Jacjones, as an Investment condo tells often have very high monthly dues, so you have little to no return, or you may even continually be negative... Also, high turnover of occupants = less care and life for items within the unit.
I find that the people who do like these are people who find this within their lifestyle... A vacation home that gets most expenses covered... A business person who stays for a few months then travels...
Have you considered investing in Las Vegas, Nevada?
You can get homes below today's building costs, recently built, with high capitalization rates and amazing ROI, all with low risk and high returns.
Contact me directly to learn more, from purchase and management to sales, and more.
Or, visit us on the web:
No obligation...If you like what you see and would like to further discuss current opportunities I will be happy to review with you.
Please email me at firstname.lastname@example.org