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Updated almost 8 years ago,
Single Unit Apartment Investing Opposed to Multifamily
Investors,
I am currently interested in looking into a single unit apartment, which would be managed under a larger, apartment complex - to which I would not own.
Is it possible to purchase single unit apartments? For example, a 1 unit: 2 bedroom 1 bath apartment for 50k, and charge rent for the one unit while not controlling the whole complex?
I would like to also gain a greater understanding of the pros and cons of this type of investment vs. a multifamily investment, as well as, where to locate these types of single unit apartment investments (E.g., Zillow, Realtor, Loopnet, etc.).
Thank you for your time.