Three SF vs Three homes in one lot which one is better?

[Sateesh Kumar]

Hello,

which one is a better option?

Three separate single family homes vs all three homes in one lot? What are some pros and cons.

Thanks

[Theresa Harris]

Are you referring to a triplex or literally 3 separate homes on one lot? A SFH will attract a different type of tenant than a triplex. Triplex, you are more likely to get a similar tenant as an apartment and you will have to do the yard work and snow clearing (if applicable). I'd also make sure each unit is individually metered and has their own laundry.