Townhome vs SFH for first time. Pros and cons

[Joe B.]

Hey all

Im sure this question is asked 100 times a day, but it would give me a peace of mind if my specific question was answered. As I continue to save for another few months I am heavily looking into purchasing either a townhome or a SFH; a duplex is rare in my area and the only ones available are in bad areas. I would be using a FHA loan which would require me to live in the property.

My parents are heavily against the idea, but for 2 years now this is something I wanted to get in to. My goal is to own 10 properties by the time Im 38. (26 now, set high goals right? :) ) I feel motivated that they are against it, more of an incentive to succeed. So BP, what are your thoughts on SFH vs townhomes? Both in my area can be purchased for relatively the same amount.

-What do you prefer and why?

-Are these crazy "assessment" fees something that actually happen?

-What will be easier to rent out in your opinion? (just looking to househack)

-Appreciation?

I am very good when it comes to saving, if I minimize how much I put away for investments I can net about 2k a month in savings; and im thankful to be living at home still. Looking to go ahead and do it by the winter

Thank you all  

Joe