Single-family homes benefit from a larger buyer pool, appealing to families and owner-occupants, which makes them easier to sell.

Choosing between a single-family home and a duplex is a classic real estate investor dilemma.

I know investing with family can possibly hurt relationships if things don't go well, so I don't want to make any big mistakes since this is a large amount of my parents inheritance. 

Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away. 

Quote from @Jacob Dalton: I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence.

It’s still a worthy strategy to force cash flow that’s rare to find in SoCal, especially if you can reduce the cost of construction by doing a conversion/using an ADU grant or even buying a property with an existing ADU In general, even if the ADU valuation matches your cost including grants, they are usually not worth it in southern CA in single family zones. 

For now, staying local allows me to leverage my property management experience—most of which came from working directly for family and close business associates who were property managers, contractors, and business owners.

Purchase price: $45,000 Cash invested: $45,000 Single family buy & holdHey @Malcolm Grundy!

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.