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Reply to "Knowing when to cut your losses"
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[quote=Anonymous]OP here Condo is in South Arlington/Arlington area. Buildings are older but solid. It is a very nice and well maintained community. Condo association is in very good shape and all that. Our unit will eventually need some work though- kitchen is older but looks nice, bathtub could stand to be replaced, windows are older but fine. I just worry about having to do all that at some point. I also worry that while condo prices may eventually go up, our unit's worth will go down as it gets older and beat up. I also hate dealing with finding new renters every year. I'd be fine if we found someone to stick around for a few years. I'd also love to get the money back that we have tied up in the condo so we could do some big projects around our house. I guess we will see what happens and maybe review things next year. [/quote]
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