OGreddituser

So my grandma needs to go into a retirement home and she is selling her condo. It is a nice building, in a nice neighbourhood with good management. I'm looking at the numbers and it doesn't look great as an investment other than I can get it a bit below market prices(10k-15k) for what she wants to sell it to me for. We do BRRR in single family homes and this is not at all what we usually look at as it brings with it the risk of being a condo(not having full control over costs over the life of the unit) and the upside potential value is very limited. The bonus is that we do not currently have anything like this in our portfolio and it should be a very hands off style of property with bett