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If you are looking to own a townhouse for investment purposes please remember that each townhome association has its own rules and regulations.  Some associations may have renter restrictions in their by-laws.  Other associations may or may not be renter friendly, having implemented qualifying requirements that purposely discourage renters.  Please feel free to call if you have any questions about a townhome or its association.  Also, if you want to know what rents really go for in a particular townhome development then please call the experts (us).