Town Home vs Single Family Rents
Hello all! I know this can very differently for each area that you invest in but my question is about anyone's overall experience and thoughts on rent amounts for townhome vs single family. In our area what I have seen for an updated nicer home is that you can rent it for about $1 per square foot (for 2 bed - 4 bedroom homes) give or take a little.
Town homes though I know could be different because it doesn't offer a yard and as much privacy. In our area its a desirable county because of the great schools as well as being close to the beach (this unit is about 15 -20 mins from beach). This town home is a new build 1700 sq/ft. What differences would you expect for rental amount and occupancy compared to single family (1 year lease and long term hold)?