Townhome vs SFH + HOAs

[Chris Rodriguez]

Hi friends!! I have talked with some local investors who say they do not do condos, only SFHs. When prompted for a reason I only get "it is not in my strategy." Totally understand, it's just that said answer doesn't tell me the reason why, meaning, what is or has been the drawback. I too am trying to develop my niche and my strategy: would you recommend SFHs over townhomes for a first time investor (buy and hold) ? Or do you put them in the same category (SFH)?. Also, do you add HOA fees to the rent your tenants pay? Thank you for your feedback.