Properties with 1 bathroom vs. 2+ bathrooms - which would you purchase and why?

[Gautam Venkatesan]

I have only been looking at properties with at least 2 bathrooms, that is at least 2 toilets, preferably 2 showers too. I have stayed away from 1 bathroom properties. Why? Well if the only bathroom in the property develops a problem, the tenants are correct in thinking it is an emergency (in my opinion). Since tenants notice problems when they are home, which is usually on weekends or in the evenings an emergency call to the plumber is going to attract "special after-hours" rates. It can get expensive quick to fix. If your property has a 2nd bathroom which is functional then the plumber can be scheduled during regular business hours. This has been my thinking but the competitive sellers market has me questioning if I should reconsider 1 bathroom properties...

What do you think BP? I'm especially interested in hearing from investors with 1 bathroom properties in areas where 2 bath properties are readily available. How hard is it to get your 1 bath rented, have you had expensive experiences like the one I mention above, etc???