Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment).

Based on the info you provided, it seems like a no brainer to make it a rental.

Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.

Just the nature of the business....

Then I spoke to a company that does business lines of credit, based on personal FICO scores.

(They could have a base amount of 1,000kwh for $120/mo.

Its just kind of the nature of the beast and investing were over 50% of all homes are rentals its a different lifestyle than what we are used to at least on the west coast were maybe 10% of SFR's are rentals  renters rent apartments.

Getting a base 8-15% return instead of 2-3% before actual “profit” puts you way ahead of the cash buyer. 

It varies a lot and depends on the vintage of the property and your tenant base. 

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