sdsurfer – I think that’s a great idea for a new thread. I’ve never owned a condo (as a rental or primary), but have owned two different SFRs that we held as rentals (still have one of them).
My main concern for avoiding condos is control. For the house, we can defer maintenance to soem extent and do remodeling or upgrades as we see fit over time. We are the decision-makers. In a condo, I am afraid of losing control over portions of the finances with regard to the proprty maintenance and repairs.
I guess if there were a situaiton which results in a premium in terms of rent, relative to the costs for the property it might be enough to overcome this (maybe a beach rental or a highly sought after address) but I don’t think condos generally command the rent premium overt a similar priced house to make up the difference in HOAs and lack of control.
