Single family? Townhome?
Hey everyone.
I have no experience in buying rental properties but I have done a ton of reading and I have a written plan to get started in the next 5-7 months. One topic I find a lot of negative comments about are townhomes. My main interest in real estate is single family home rentals. I don't know if this high interest is due to the simple concept of SFH, the ongoing cash flow, the high demand of SFH in my area, etc. But townhomes are all around me (I am in one myself) in very nice areas for fairly cheap. From what I read about them it sounds like I should stay away due to mediocre appreciation rates and HOA fees. Does anyone have any experience with buying and renting townhomes that has had a good experience?? Thanks in advance.