Who has achieved financial freedom owning only SFHs?

[Matt W.]

Listening to various podcasts, it seems like the typical playbook that many successful investors follow is to start off buying single family homes, move on to 2-4 units, and eventually 1031 or pull out equity and get into bigger multifamily deals. This makes sense, but many times while researching properties I will come across a single investor or LLC that owns 30+ homes in my town, so I know some people out there are sticking with buying SFHs, or at least didn't sell them all.

Assuming $400/mo in passive cash flow, you would need to own 22 homes to gross $100k a year. My questions to those who have achieved this level of success are:

Why did you choose to stick with single family homes?

If you had to start all over again today, would you still choose SFHs or would you focus on other property types? Why or why not?

Thanks!