Single family rental vs condo? First time buyer.

[Andrew Toews]

Hi, just looking into getting intoreal estate and hoping to get myself a rental. Im wondering whats better a single family small house or a condo. Thanks, Andrew

[Ericka G.]

@Andrew Toews I vote for SFR. I've owned both and have found renting out condos a major pain, largely because of HOAs in my case. They make everything a hassle. It's a catch22 because a good, strict HOA is needed to keep a place nice, sell-able, and running well BUT they also tend to be nosy and anti-landlord. You also have no control over HOA fees, assessments, and rule changes.

With a SFR you control your destiny a lot more, just make sure the numbers work, the area is safe and desirable to renters and you're good to go