I’ve been watching this condo complex since last June. This is one of the condos that I was refering to about HOAs underwater. This would be a good investment, but there are too many things wrong with the complex. There have been some improvements done. The problem now is the amount of units being rented out. There will only be a few owner occupied units for the next 5yrs+. The HOA is still insolvent and the article states that they owe 40k.
