Kenneth P. "Kip" Nance is a realtor and broker in charge of Only Way Realty located in Tabor City, North Carolina. The document discusses some pros and cons of condominium living. It notes that while condos provide maintenance-free living and amenities like pools and gyms, they have less storage and outdoor space. Condo fees pay for amenities and repairs but are mandatory, and condo rules can restrict activities like renting or running businesses. Potential buyers are advised to consider storage needs, outdoor space requirements, amenities, maintenance responsibilities, security, fees, resale value, rules, and neighbor proximity before purchasing a condo.