What makes more sense- duplex, triplex or quads?
My husband and I are beginning our search for our first rental properties. We are looking at areas like Lithonia, Lawrenceville, McDonough, and Conyers.
It seems like we can get decent 2 unit duplexes in the 70k-80k range and triplex to quads in the 150k range. Does anyone know the pros and cons of breaking up your investments? We are trying to understand if it makes more sense to get 2- 2 unit duplexes or get 1 4 unit quad.
We would get conventional financing with the first property and would do a subject to deal if we went with a second one.