Year end thought: Duplex/Multifamily cons:

[Priyanshu Adathakkar]

1. Possibility of higher repair costs: i.e. an overflowing bathtub on a high floor may require repairs to several units
2. Higher turnover rate - turnover is costly because property must be cleaned and repaired, plus the legal and other costs
3. Vacancies take a proportionally larger bite from your income

Apartment complex investment Cons:

1. Requires more secure financing when more than four units, including higher down payment and reserves
2. Management fees eat into profits
3. Vulnerable to a downturn in the community, since all units are in a single place
4. Relatively illiquid investment, costly to dispose of
5. Possibility of deadbeat tenants
6. Frequent turnover