Thanks for all the opinions on this. I know a lot of the comments are directed towards this being an investment opportunity or an income property but that is not my end goal. I am not looking at it from that angle at all. I am just looking for something that my family can use as a holiday place that doesn’t involve us having to be there every single week (for us one week a month is perfect).
I had the fifth wheel and truck for a while but found that we could not use it nearly enough to justify having 65 K sitting there for 8 the 12 months out of the year when it is too cold to use and the cost of the maintenance of a diesel truck, storage for the trailer, and depreciation of everything was a real losing venture.
At least with a condo it can be used in the winter and not just sit in a rental storage facility. I would love to be able to own a 100% stake in a condo but I don’t have 325 plus thousand to drop on a holiday property.
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