[quote=jpinpb]I haven’t tracked that complex. If you are serious about it, find out what they’re rent would be on the units. Check craigslist. Then do some math, how much you plan on putting down, what your PITI would be, plus HOA, minus tax write-off and see if it makes sense. I don’t think we’ve seen bottom in LJ, but maybe there’s someone out there that thinks differently. [/quote]
There seem to be a lot of rentals now despite the large foreclosure rates forcing people to rent. Also, increasing number of layoffs in the “golden triangle” seem to have affected the rental market in UTC. However, we are planning to keep the condo long-term, i.e. for at least 5-10 years.