Buy and rent out a condo - Zillow Real Estate Advice

just make sure the bylaws don't have any restrictions when it comes to renting.
A luxury codo building near me stopped allowing new owners to rent unless they live there 3 years..and then?there is a waiting list .

The problem was - due?to difficulty selling, more owners turned to renting, so........there were too many rentals in the building, and, as a result, ?mortgage companies were refusing loans due to the high tenant?to lower owner-occupied ratio!

Source: http://www.zillow.com/advice-thread/Buy-and-rent-out-a-condo/474963/

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