Condominiums are perfect for folks who are just starting their career due to low down payment. Any time you buy a single family unit home, you will be asked for a down payment which is more than what condo sellers ask. No question why 60% of condo owners are singles and the rest are young families and young families!
Your choice of having it for rent is good. Why? Since renting a madison square park condos is preferred by most people than renting an apartment. This is due to common areas found in home of the unit where unit owners could share such as gym, game room, tennis court, collect rooms, swimming pool and more! Not everyone could afford to have a swimming pool of their own, a tennis court of their own, and a gym of their own. Adding these structures to a home is very expensive. But when you are in a condo, you get to enjoy all of these!
Low maintenance fees. When you stay in a loft apartment, you get to enjoy the Amenities it gives just like what's been mentioned in the previous number. Plus other good news is that you pay maintenance and utility fees which are less than those other properties fees. This will give you the possibility to save and buy an additional property!