Purchasing a town home in the West Suburbs of Chicago

[Florina Villarde]

Hi,

My fiancé and I are starting out and want to invest in a second property. The first property was my condo, which was rented and bringing a positive cash flow.

We decided to purchase an additional property and have been looking mainly at multi-family, 2 or 3 flat units. However, we have found a townhome that sparked our interest and after running the numbers, this also appears to be positive.

Do any of you have any advice about investing in town homes as opposed to a single family or condo? I believe that because we had our minds so set on the multi-family; going for the town home doesn't appear to be as appealing.

Thank you.

Florina