Come on SD Realtor, you should know by now, I’m not a real estate investor. You’ve hit the nail on the head these units will probably never turn over at a price level that makes that kind of sense. I’m looking at it from the perspective of a resident. Of course since that type of condo is never cheap relatively speaking I just wanted to start a discussion on as aspect that I have no real insight into.
I would buy one to live in. I might rent it out in the summer if I keep the lifestyle I have now (single and able to move quickly.)