Forty years ago, condos and town homes were the province of large metropolitan areas with less space for single-family properties. Now, these types of housing are common in communities large and small all over the country. With interest rates at historically low levels at the time this book was published, individuals were still looking for ownership over rental housing if they could get it. Lenders have followed borrowers into converted industrial properties and other reclaimed areas with financing that's generally regarded as conventional. But there are still certain types of property that are a challenge for lenders, and you have to know exactly what you're buying before you borrow.