@Luca GianiI would say depends on the market but larger is usually betterIn Toronto they rent like hot cakes because they are usually rented to 2 parties sharing the unit.

Some have even rented to family friends and became a blended family/household.  

San Diego is a red hot market right now.

Is this normal for 3 people in one household to receive.

Among the factors you could consider if you're looking for appreciation:* Markets with strong net population growth (here are some Census data graphs of population by MSA)* Markets where incomes are increasing (personal income data by MSA)* Markets where there's limited new housing supply being created (you could compare monthly building permits by MSA to total households by MSA)Here's a full guide on how to analyze a market.

The location isn't hot though.  

A household with more than $1MM in net worth excluding their personal residenceThere are some other options and more details, but if you can check either of the items above, you are safe to call yourself an accredited investor.The more complicated designation is the Sophisticated Investor.

Prices have doubled in the decent areas and tripled in the hot areas.

Asbestos siding and lead based paint are both hot potatoes when it comes to regulations. 

The market is very hot right now in MA with very low inventory.