Apartments with only 1 bedroom...good, bad, or indifferent

[Larry H.]

We currently own some four plexes and a duplex. We are looking to expand to bigger multi family properties. I’ve seen a few properties where all or majority of units are only 1 bedroom. My initial thought was to stay away from them because I feel like the turn over will be higher with only 1 bedroom. Multiple bedrooms are more conducive to families, this less likely for high turn over, in theory. Am I correct in my assumption?