Why purchase MFH over SFH?

[John Storing]

Many folks on this forum recommend a MFH over SFH, but I don't see it. Trying to understand what I might be missing in why a $900k MFH would be better than 3 $300k homes. Total rents collected being equal, there are 2 main advantages I see in SFH:

1. MFH has no appreciation, other than rent increases. In Denver, where I live, we are blessed with great appreciation. So, if I have a SFH, I am going to see both the property appreciate, and be able to increase the rents. The value of the MFH is simply tied to the rent it brings in.

2. MFH is harder to liquidate. In the event I need cash, I could easily sell one (or all) of my SFH to EITHER an investor or an individual buyer...quite simply, the buyer pool is much larger.

Looking forward to hearing the wisdom from the crowd in what I might be missing here.
Thank you,
John