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Updated about 11 years ago,
What would you do?
I am starting to think about my next property. I live in a city that is projected to be impacted by the Bakken oil boom in the very near future. The rental market is supposed to heat up a lot. Here is the issue, an investment group here is putting up apartment complexes with hundreds of units per year for the next several years. Should I continue to buy duplexes/triplexes which are more lucrative, or purchase only single family dwellings which may be more desirable in the upcoming market?