SFH vs Multi-Family Cash Flow

[TJ Woolum]

Hello everyone,

I currently have 5 SFH rentals all cash flowing roughly $350/mo after expenses and mortgages. My goal is to have 35 doors in the next 5 years and assumed multi-family deals is the easiest way to get there. Plus folks like Grant Cardone keep beating it in my head that you need multi-families in order to scale and build wealth. However, I've looked into several multi-family apartments in my area and found that they're only cash flowing $300 - $700 per month after all expenses and mortgages. (These are not metered out so gas/electric and water/sewer is killing the cash flow). I can take the same investment and buy multiple SFH that would cashflow three times as much.

What am I missing? How much cashflow are you getting from multi-families compared to SFH? better yet… what ROI are you getting compared to SFH? I understand it's much easier to buy a 6 unit building than it is to buy 6 houses, but just having more doors doesn't seem to generate the same amount of cashflow. Maybe I'm looking at the wrong deals??

Thanks!

TJ