Multifamily vs single vs condos

[Florencia Cafure]

HI! I have experience managing condos but now i am wondering if single o multifamily should be the next step in order to increase my patrimony. I am considering areas like Fort Lauderdale, hollywood  or neighbourhoods close to miami or fort lauderdale airport. 

Can anyone help me understand what's the benefit of jumping into multifamily vs single or condos. Do i have the opportunity to manage more the rent price  or to attract betters  tenants. It's not clear to me  of those areas are attractive to multifamily. how do i learn this? just checking the area? Thanks

[Adam Bartomeo]

STAY AWAY FROM CONDOS! The dues eat away at your cash flow, the association often requires the tenant to go through a separate application process (lots of renters avoid them because of the expenses and timelines associated), they can raise dues, and change the rules without you agreeing. HOA's are also tougher to invest in but condos are very tough because there is a lack of control for the owner.