Why is Grant Cardone so opposed to single-family homes?

[Josh Foret]

In BP Podcast 108 Grant Cardone says to "stay away from single-family homes." 

Why is he so opposed to investing in single-family homes?

[Rob Brautigam]

Grant would rather do 2 HUGE deals per year than 200 small deals per year.

It's all about thinking big in a sense of owning a few multi-million dollar properties rather than owning hundreds of relatively cheap SFRs. Once you're on that level, it's a lot easier to cash out of 1 or 2 deals using a 1031 Exchange and roll the profits into your next deal. This would be close to impossible on the same scale by using SFRs as the investment vehicle.

Then comes the ability to increase value on large multi-families vs SFRs. For example if you could find a way to raise the rents just $50/mo on an 5 cap apartment building with 100 units, you just increased the value of the property by $1.2 Million. Try doing that on 100 SFRs at the same time.