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Hi Tubs, Thanks for your reply. I understand your point however if I choose to live there then it should not be a problem right? And about renting...Do I've to rely on them to find me tenant, can I use someone else? Would they also be deciding the amount of rent as well...

Hi Friends, I am new to property investing and confused with the concept of Serviced Apartments. I was looking at one of the property and it says managed by Quest and there is no Strata or council fees. How does this work? What is the catch? Any help is highly appreciated...