Debating whether to buy multifamily or stick with single family

[Billy Rogers]

I hear a lot of podcast where people say multifamily is so much better than single family and for a while now it's been my goal to either buy a small apartment building or mobile home park.   My goal is cashflow to cover my living expenses and not long-term price appreciation.

  I've been investing in a market in the midwest where I can get houses for 30-35k that rent for 800-900 month.   In that same market the cheapest multifamily i can find is selling for 40k a unit (renting for $550) and most are higher.   I'm having trouble justifying paying more per unit to get a lower return.  Can anyone explain why i should be willing to pay more per unit for multifamily investments?