All the short sales and foreclosures are taking months to get a response from the banks. And I’d be weary of the financial health of the HOA’s on those lower priced condo conversions.
The only real way to make money on a condo rental in UTC right now is to buy a more expensive one, pay with all cash (or at least 50% down), and make sure it’s nicer than the next place that’s asking the same rental price.
