Best Real Estate Investment in Tarrant County with 2,000,000 Cash

[Michael Olmstead]

Need to pick the brains of our experienced investors and brokers out there. Let's say I have $2,000,000 cash to invest in buy and hold rental properties in Tarrant County, for a period of 10-15 years. Do I buy 8-10 single family rentals? 3-4 duplexes or quadplexes? A small apartment complex? I want to max out my ROI on the investment, but more doors seems like more work VS more individual units bringing more headaches and higher maintenance costs. Thoughts?

[Evan Hopple]

The answer to this really comes down to your risk tolerance. Owning a portfolio of single families vs owning one large multifamily property will come with an equal amount of headaches, work, and maintenance cost. I would opt for multiple quads. You can benefit from the diversification that a single family portfolio benefits from, yet also consolidate your doors to have a more efficient overhead structure