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... can absolutely be found between $100k-$200k if you know where to look

what should you be looking for?

and what do you need to know that you may not know right now?

many people see inexpensive condos and get excited

they usually are looking at condotels online and don't always realize

that they are different than your typical condo

think of them as a condo hotel - efficiency units in most cases

quite often they have very few rental restrictions

and can bring in cash when you arent using them

its low barrier to entry and almost always a cash purchase

there are definitely 1-2 bedroom condos available under 200k

these can usually be financed

but they almost always have some rental restrictions

to be honest some people have a bigger budget

and for that group, a 500k condo may seem like a budget condo

its an interesting time of year as the snowbirds are arriving

and the condo market is starting to heat up