Account Closed, I appreciate your taking the time to respond and especially for the chart, but of course I have to strongly disagree with your statement of "anyone recommending SFR's over multi-unit properties doesn't have a clue and most-likely never owned multi-unit properties" is patently untrue, and well as conceited beyond what you have a right to be. 

I just don't see those signs right now.Here is a home ownership chart that reinforces my previous points: that's sums it up very well.

Check out this chart. 

Phoenix Like Scottsdale, Phoenix seemingly never falls off the charts for great real estate investing.

This chart shows the average percentage of structures that are 2-4 unit buildings, tabulated by the areas risk score (A to F)The correlation is strong for sure.

Reagor also quotes Tina Tamboer of the Cromford Report, perhaps our most respected market data analyst, who reports that the number of homes for sale is still 32% below the same time last year.Here'a a chart from a presentation Tamboer shared with Cromford subscribers:You can see that we were SO FAR BELOW last year's inventory, that the upticks in inventory are welcomed by buyers who now have more homes to choose from.Latest housing data and trendsPreliminary reports show home sales and prices climbed in March, though both are lagging indicators because the deals were struck at least a month ago, before the coronavirus shutdowns began.

Plus the chart is very attractive especially those that got in 2017-2020.   

Key chart that backs this up. 

The appreciation markets historically have achieved outstanding cash flow over long hold periods.Then there is the appreciation reflected in @amir M. chart.  

For example, the chart below shows the total cost basis of $2,000,000 less land and other non allowable cost items of which creates a DEPRECIABLE tax basis of $1.4MM which creates an annual depreciation amount of ~$51k.