SFH vs. Apartments which one to pick?

[Allende Hernandez]

Hello fellas, 

I am considering two investment strategies, both with pros and cons and wanted to hear some of your fantastic point of views.

• Considering I'll have aprox. 250K to invest

Option one

Purchase apartments with 25% DP, good for maybe 3 of them based on prices I am seeing. I could probably get aprox $1,000/door in cashflow (only considering PITI+HOA for simplification)

My concern with apartments is always the potential for special assessments that could wipe out months, if not years of income. 

Option two

Purchase SFH with 10% DP, good for maybe 6. ( I could place some under my name and some under my wife's name to stay with limits). cashflow is aprox $500.mo, half of option one. I am looking at newer houses that would require less maintenance.

In total I may get aprox the same cashflow but:

- Option one requires less properties to manage

- Option one has the potential of special assessments where option two wont.

- I am under the impression that apartments require more management than houses (some odd thinking without any basis, just gut feeling)

- Option two would be at about 2hrs driving

What would you do?