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Are downtown condo's still good investment properties these days? Getting in 17% under market value.

I want to use it for rental property in an area that is being drastically overhauled with luxury condo's. 1bd, 1ba, 560sq ft.
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December 18 2008 - Nashville
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It all depends on amenities. Washer/dryer connections and available deeded parking are musts. Condos are my specialty - check out my website.
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December 19 2008
It all depends on the overall age of the building and what your maintenance fees run.  You have to cionsider the Total Cost of Ownership here.
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December 18 2008
 
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