Invest in 1 $300k or 2 $150k single family homes?

[Dustin Sanders]

If all else is equal and there are no renovations needs, which option would you pick?

[Stephen Diakos]

If all else is equal, as you say, the first thing that pops in my head is a pseudo multi-family scenario. Having 1 house with 1 rental income, versus 2 of each. If you don't have a tenant in that 1 house, your cash flow is 100% gone. However, if 1 of your 2 houses are not rented, you still have half of your total cash flow and hopefully that can help sustain the vacancy in the other house until you get it rented. If the overall cash flow in both scenarios is the same, you mitigate your risk a bit by having 2 units. 

Thanks