There is the inconvenience factor but it might be cheaper for you and your friends as well.

But there are bunch of factors to consider there. 

SF investing supports my lifestyle goals better than MF, because it is a lot more passive and I can focus on my other businesses.Which brings me to the next point.

I would be cautious buying in the saturated areas because there are so many similarly sized properties that price is becoming increasingly the deciding factor. 

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

They demand the highest rent and therefore attract white-collar, high-income professional tenants who are “lifestyle” renters by choice.

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

If a property needs too much work upfront, it may not be the best first investment.4.Factor in property management costs—even if you self-manage.

There are still other factors to analyze before making that decision.

So, that adds to the risk more-so for a novice who doesn't know how to factor in that risk. c.