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Updated about 5 years ago,
Townhouse vs SFH evaluation
First time investor here. People experienced with townhomes and SFH, which one do you consider to be good for buy and hold (and cash flow of course).
I'm evaluating this for NW Indiana.
Townhome
New construction
180,000 - 220,000
Rent : 1700/mo
HOA $90/mo includes lawn and snow removal
SFH
270,000 - 350,000
about 35 years old homes
Rent : 1700/month
Repairs, lawn and snow additional