3 SFR's or 4-Plex

[Don Tarinelli]

Would you rather invest in 3 SFR's or a 4-plex if the price and cashflow are pretty much the same? Why? Both would be used as LTR's with appreciation as the main goal.

Thanks!

[Steve Vaughan]

If appreciation is the goal, 3 sfrs.  

SFR buyers get emotional and are more likely to pay retail. Quad buyers are mostly investors and want a bargain.