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Updated about 6 years ago, 09/27/2018
Buy 1 very good located property or 2 decent located properties?
Would you rather buy 1 property that is located extremely well (like a penthouse in the city centre) ? Or two properties that are located on the outskirt of the city? Both investments will give you the same ROI and you are buying it to hold for rent.
I think the advantage of having two properties is: not putting all your eggs in one basket. If there is vacancy, you'll only miss half of your rent. However the advantage of having the extremely well located property is that you can be certain that there will always be demand for that property and even 20-30 years from now. You can even rent it through Airbnb.
I'd like to hear your opinions..