Different Types of Housing Pros/cons

[Stephen Lyons]

Hey everyone,

I am new to RE investing so I had a question about the different types of homes. I am looking to buy and become a landlord in the greater Seattle area. Upon looking I have noticed that the condos/apartments/townhomes are selling for a lot less than the single family homes. Single family homes are BARELY reaching the 2% (1%) rule so its very hard to find a good deal. I am under the impression that the apartments/condos/townhomes don’t appreciate quite the same. So....

My question is: Does anyone have experience with investing in apartments/condos/townhomes? What are the pros/cons of doing such? 

SECONDARY QUESTION:

I am also looking into multi family homes. Do the separate units rent the same as a single family home with similar specs (ex: 2 bd, 2 ba) for both???