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Updated about 8 years ago,
Multi-family rentals: 2 BR/1BA and up vs. 1BR/1BA or Efficiences
I wanted to get some opinions based on experience with renters comparing 2-bedroom units (and above) vs. 1-bedroom and studios. I currently have a duplex (each side is 2Bd/1Ba) under contract. I'm looking at additional multi-family properties (Pinellas County and Pasco County, FL). My initial thinking was to try and stick with properties that a family could rent out, thinking this would be a more dependable tenant population. And a population less prone to trash my property. I have avoided looking at duplexes, triplexes, etc. that only have 1-bedroom units or studios, but I'm wondering if I should reconsider? Single people need places to live too. I know it depends on many factors, but I'm curious about your experience with tenants and 1-Br and studio rentals. Thanks!