I would almost rather live in a RV parked on the street and save some cash and buy a stand alone house before buying a condo.
To your point, if they are the management company, they have substantial power as my experience indicates most people just go along with what they recommend. Their power is limited to the residences though. You having an individual issue vs everyone on your floor having an issue could be handled very, very differently. You also want to ensure there is a decent reserve fund, or the building is in really good condition, so you don't get hit up for funds if they decided to redo the windows/exterior/roof/etc.
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