@Alex Kovalenko Yea, you could always face a bad tenant, but just the costs of owning a property in general, cap x, and costs of buying by property as well. You don’t necessarily have all the numbers so it’s hard to point everything out, but essentially with two equal properties (theoretically) than you’re just doubling the work of the first. The problem is you’re thinking theoretically, not that it’s bad, you just can’t asses it. To directly answer your question, with the numbers you came up with I would go with two buildings, because they’re making more money. But once you find the actual properties to consider and run the numbers, then you will truly find the answer. You could have 1 500k home brand new in a hot rental market or two 250k fixer uppers in a factory town where the plant got shut down. In that scenario two properties definitely isn’t the solution. Asking if owning 2 buildings is better than 1 isn’t really the right question when it comes to investing your time and money. You need real properties, real analysis, real numbers, or else you’ll land in real trouble because 2 > 1 sounded good at the time. Not to be a buzz kill, I suffer from analysis paralysis myself, but that comes from blowing money and wasting time before, never really looking deep into the realities of my commitments.
