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Updated almost 4 years ago,
Owning an apartment unit vs. a SFR
I'm finally ready to take the leap and purchase my first rental property. I recently discovered that apartment units are available to sale in my area and I'm wondering if it is a wise decision to begin by owning an apartment unit rather than a SFR. Simply because it would be "less" management on my part due to the potential disclosure agreement with the building owner.
Any thoughts? Has anyone owned a single apartment unit before? How did it work out for you? Would you recommend this approach?