Should I wait for a multi or just get started with an SFR?

[Daniel J.]

Hey all,

I would like to stick with MFH for all the reasons that go along with it. I am struggling to find multi's near me though, and that I can afford. Would it be better in your opinion to just get started with a decent SFR or wait for a MFH if that's the long term path I want to take?

Thanks!

[David Faulkner]

I'm in the minority here on BP, but I actually prefer SFRs over MF as they have many advantages. The best ones being that in most markets they are the most in demand product for both rentals and sales, tenant quality is higher, there is more inventory of distressed property so it is easier to find one at a larger discount, and if/when I do sell it is at top dollar to a retail buyer (not an investor).