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Updated almost 5 years ago,
SFH or Multifamily for STVR
We are looking at purchasing a STVR and I am bouncing between two thoughts (a million actually) and would love opinions. I haven't even narrowed down my market but resolving this may help with that!
1. A quadruplex and rent two units to long term renters and have two units for short term vacations
*Two that I have been looking at are in coastal city and a city with the property close to town and a university.
2. Buying SFH and just doing STVR.
*One property to manage with higher returns but not a balanced strategy with long term renters
Thoughts on the multifamily? Not sure how existing tenants would affect reviews or if that is risky.