I’ve lived in 3 and had the luxury of them being fantastic and doing more than I expected, above and beyond and never being more than like…$50/mo. Included gym and pool access and stuff.
BUT, I have a family member who lives in one where basically everybody got hit with a roof repair bill of $30k partly due to previous management embezzlement, and it ended up being taken to the courts and crap and eventually got reduced but not eliminated. I think like half the residents sold and left in the year following.
So…it can be a crapshoot but I hear more stories that are bad than good.
I’ve lived in 3 and had the luxury of them being fantastic and doing more than I expected, above and beyond and never being more than like…$50/mo. Included gym and pool access and stuff.
BUT, I have a family member who lives in one where basically everybody got hit with a roof repair bill of $30k partly due to previous management embezzlement, and it ended up being taken to the courts and crap and eventually got reduced but not eliminated. I think like half the residents sold and left in the year following.
So…it can be a crapshoot but I hear more stories that are bad than good.