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Looking at Buying a Condo in a Highrise - Waikiki

Hello, wife and I are looking at buying an apartment/condo in a highrise in Wakiki. It will be our primary residence. We've owned single family homes before and are familiar with mortgages and the home-buying/selling process. We've also both lived in apartments and are aware of some of the unique apartment-life challenges like crappy neighbors and noise.

Things we're paying attention to: Building and interior wall construction, building age, available and assigned parking, pet policy.

I'm aware HOA fees are a variable expense that we can't control; potentially rising year after year. I'm also aware of needing/evaluating the current reserve study. Other than that, are there any other financial aspects that we should know/consider when it comes to buying a place in a highrise specifically? This will be a first for us and we're trying to learn as much as we can before any nasty surprises after the fact.

Thanks!

submitted by /u/fropleyqk
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source https://www.reddit.com/r/RealEstate/comments/1pzbwmq/looking_at_buying_a_condo_in_a_highrise_waikiki/
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