Single Family or Multi-Family?..Calling all the guru's

[Gursewak Singh]

Hello guys,

  I was talking to few investors in my Area basically told me to stay away from SF? They are advising me to get into Duplex, triplex or 4plex. I do have enough money saved to comfortably put 20% down. I live in Dallas/Fort worth Area. Can anyone of you guys point me into right direction?

Another thing, I get worry about really old(1960-1970's) Multi-family, start thinking I may have to keep putting money into it? Is this true?( I do understand I may need to rehab it.) 

 If anyone is in Dallas area, I would love to grab a lunch/Coffee & do some networking.  

Thanks Guys...BP rocks.

[John Woodrich]

Multifamily are typically produce better cash flow but a good deal on a SFH can out perform a multi. I have both types of rentals, I like the houses a little better as they seem to be less work and you don't have to deal with tenant/tenant drama.