Townhome vs SF in B- neighborhood?

[Rebecca Cardona]

Hi BP!

Looking for any advice as we're looking to make our first rental purchase. We're targeting Smyrna, GA just outside of Atlanta and looking at either a SFR at a higher price point and less monthly cash flow vs a townhome where we can buy for much less, add value through a facelift, and see better monthly cash flow.

What are your thoughts on investing in a townhome for a long-term buy and hold strategy? We’re classifying the neighborhood as a B-.

Thanks all!