So, what was your worst IP purchase so far, what was wrong with it, how long did it take you to realise that you are not happy with that IP and what have you done with the IP lemon? There are some obvious mistakes - high strata fees for example. Some people would also include OTPs or properties with a pool etc. But, there must also be some not so obvious things to look for, right? The question is for all, clearly, but I'm particularly interested to hear from active members on this forum with many years of experience and many property transactions under the belt.