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Updated almost 4 years ago,
SFR or Multi-Family in Central Missouri
I know a ton of rookies ask this same question: should I buy a SFR or MF?
I’m mostly curious how you all are finding deals around the Mid-Mo area, specifically multi-family properties. I have a good amount of property management experience, so I’m not afraid to start with a duplex or triplex. I want a rental property to hold for additional cash flow.
I've looked some on Craig'slist, but some of these deals seem SO sketchy.. I'm not sure how to trust these ads, or what to look for to determine whether it's worth even reaching out? I'm a member of two MLS boards, but the deals seem scarce there, too.
But what do you find has a better cash flow?
Which type did you start with and why?