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I’m thinking about buying a condo in a 9 unit sponsor building. One stipulation in the contract is that the building will be self-managed, unless the condo board chooses to hire a manager. Since nobody has moved in to the building yet there’s no existing condo board. Of course the board could choose to hire a building manager, but maintanence would then naturally go up. Does anybody have experience self-managing their condo building? Is this common? Does it work? I envision all sorts of complications. But one less expense, too…