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Updated over 6 years ago,
MFR vs SFR and possible increased cash flow vs appreciation
I am new at investing and have about 50K that im looking to invest. I would rather get into multifamily properties but all those in and around my area (for 30-50 miles) are in C-D neighborhoods. However, the SFR that look like theyre discounted enough are also in those areas. The SFR that are in good locations are all at market value BUT the market is good with steady demand and market appreciation and growth.
would it be wiser to take a chance on the possible cash flow with the multifamily OR get a start with less cash flow but great appreciation and steady tenants?