Multi units in the city vs SFR in the suburbs.

[Jorge Leon]

Hi all. My family and I are looking to invest about 3-4 million dollars in rental properties. We are deciding between a couple 3-5 units in the city or several (cheaper) SFR in the suburbs and outskirts. I imagine the return is better for the cheaper properties as rents don't go below $1,000 in most places. What about from a tax and appreciation standpoint. What's the better investment? Would love to hear some opinions.