What is the best building to buy a rental unit in for investment purposes?

September 06, 2007

Posted by kurz2006

( 2 ratings )

A single family home eliminates condo fees on top of a mortgage, special assessments which are unexpected billings from a condominium association for capital repairs, etc., no rules and regulations to be subjected to, etc. A building is usually a condominium or homeowner's association. It is operated like a little town with an elected Board of Directors, which are like a mayor and city council. You are subject to their dealings. On the other hand, a single family home gets rid of all these items and you are essentially in charge of your own castle.

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