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Thanks David! They had actual operation losses in 2018 and 2019 (~400K) before depreciation and prepayment interest penalty, they broke even in 2020. They have professional rentals and commercial rentals generating an annual income of ~300K - expected to be at that level in the next couple of...

UES co-op with financial statements showing loss in 2018, 2019 (very high) and 2020. Capital assessments plus maintenance hikes of 4-5% yearly. Is this as bad as it sounds? Liked the apartment, but financials don't look great.