Quote from @Nathan Harden:
Let me ask you a question.... Have you visited either of these cities for yourself? If so, which one do YOU prefer?
You're going to get people from both places saying to invest in their community (probably a local realtor trying to earn your business).
Then you're going to be left in the same situation. "He said invest in Texas but she said invest in NC"
There just comes a point in time where you're just going to have to jump. You said you've done your research. Great! Now I question, is the analysis paralysis? Just jump!! You're going to earn battle scars no matter where you decide. The point is to decide for you and your money. Don't let a random person be the decision maker as to where your hard earned money is spent.
Multifamily is preferred. The goal should be to own as many doors with as little roofs as possible.
Why do you say multifamily is preferred? It clearly depends on which market you're in and many other factors we don't need to get into. But if I had to choose one, single family portfolio would be the easy pick.
Less turnover & no tenant on tenant conflicts, better appreciation, more buyers if you want to sell, easier to finance, and more cash out options.
