Does it make sense to buy units with more than 1 bedroom?

[Ramon Wilson]

I'm looking to invest in a supply constrained, rent controlled area with good rent growth (eg, most major west coast cities). I know in many non-rent controlled (or over-supplied) markets investors typically prefer longer-term tenancies, but that seems like a disadvantage inf this situation. Given the rent control rules, the only way to take advantage of the strong market rent growth is to turn units ever year or two. So, why would it make sense to buy units with more than 1 bedroom in this type of area since studios and 1 bedrooms typically turn much faster than bigger units?