Owning rentals. condo vs. Single family cash flow.

[Brandon Morgan]

Hi all, my plan is to own rentals long term and receive cash flow. does it matter if I go for a single family or Condo? assuming the condo unit lets me rent it out. my plan is to live in the condo/ SFR for a year and then rent it since I already got approved for an FHA loan. right now it is looking like the condo might be a better option for me considering my area in jersey and the location of the condos. depending on the HAO fees I feel the cash flow may be better with the condo. Any suggestions or personal experiences in this?

if I get a SFR I am looking at the Monmouth and Middlesex county areas of jersey. but for a condo I am going to go for the Essex county/ city like areas of jersey near the train and NYC.

I made a few post with similar questions but I am trying to think of this from multiple aspects.