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Updated over 4 years ago,
Bunting to get on base
I am back to a conflict of strategies. Cheap townhomes/condos vs quadplexes. In my area I could buy 4-5 townhouses for the same cost of a single quadplex. The lower end townhomes would be a bunt to get on base (for those who like baseball analogies.) a slow and steady income. The quad plex is swinging for a double (apartment complex would be a homerun).
Have any of you done townhouses/condos as a strategy? I heard a podcast a while ago and the guy had focused exclusively on them, nickle and dimed his way into financial independence. I have to admit there is an appeal to real estate spread out.
IF I did go with townhouses, part of my strategy would be to try and buy the neighboring units as well over time.