Metro Detroit SFH vs MF investments
I'm looking for input on what people would recommend when getting started. I recently had a deal fall through on a duplex so I've started looking at SFH's in the area. Most seem to be in B class neighborhoods fully updated for around 50-60k and rent anywhere from 950-1250/mo. For those who have completed their first deal, would you recommend going the SFH route because it's lower turnover and less time commitment? If I go the SFH route ideally I would like to purchase three rentals within the next year. Most seem to cashflow around $300/mo after factoring all expenses