Looking for a US rental investment, Do You Prefer Condos/Townhomes or SFH?

[Peter Seely]

Hi,

I am new here and so far loving the information. Some very knowledgeable people and property investors here.

I am a foreign investor looking to tap into the US property market while prices are low. I would be looking for something with a nice cash flow/net return and maybe some capital appreciation in a 3-5 years holding time. (Aren't we all)

My question is, do you look at or prefer condos/townhomes or SFH when purchasing this type of investment for a decent net rental return and a bit of appreciation. I understand, sometimes one may come at the cost of another depending on location.

The location I am looking at is Atlanta(Buckhead, Lenox, College Park), and may consider Florida but rental yields don't seem as high as what I can get in Atlanta at first glance.

My budget is below $50,000.

If I am forgetting something please ask.