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Updated almost 6 years ago,
1, 2 or 3 Bedroom Units?
For a multi-family building (Buy & Hold - for cash flow). What is the potential market desirability (to good tenants) for 1,2, or 3 bedroom units & is the best to own?
Example: 1 bedrooms might attract singles, so less potential damage from children (but lower rent per unit). But the turn-over could be higher as people might outgrow it. And demand for this small may be less.
2 or 3 bedrooms might attract families with children - more potential damage & pets (but higher rent per unit & more demand).