Purchasing an appartment vs a house
I am considering purchasing property for the first time. I want something to live in and probably rent out in the future. I don't have a lot of money for a down payment right now but property is decently priced in my area.
So my question is: should I purchase an appartment or a house?
My thoughts for pros and cons
House
More potential for forced appreciation
More expensive
More maintenance
Appartment
Cheaper up front
Not a lot of potential for forced appreciation
Less maintenance
Let me know your thoughts! Or if I am way off base in my thoughts. Thanks!