2 bed 1 bath or 3 bed 1 bath?

[Michael Lewis]

Hey BP community. I am looking at picking up a 3rd rental. I’m deciding between a 2 bed 1 bath or 3 bed 1 bath. Both are in the same neighborhood and the #’s work out to be almost the same based on purch price and rent estimate. My concern however is that I believe a 2 bedroom takes a specific kind of renter and probably not great for a family. This might mean longer vacancies as it may take longer to rent. My goal has always been to buy and hold. Any ideas/thoughts?

[Michael Lewis]

Unfortunately not and I think what I’m realizing is that 3 bed is always the way to go.