Buying solo apartments in apartments complexes. Pros and cons

[Mario Puebla hurtado]

Hey guys Im new here gound a lot of great info. Fast background: I have a big food service company in Mexico for the last 18 years, started it myself. I started to invest buying apartments in Tucson Az 3 years ago. Have 10 apartmentrs already. Small cashflow but all positive, they have been going up in price. The question I have is I did not buy multifamily realestate, but bought single apartments in three diferent apartment complexes. Where you habe to pay Hoa and everything. But I only hear in the blogs and the podcast that everybody recomends buying duplexes and fourplexes or entire buildings. Is there pros and cons of buying single apartments in diferent complexes. Like I said I have 10 already that are cashflow positive put down 25% on each. Apreciatte the advice

[Taylor L.]

You get a lot less control when you buy one unit out of a complex. Like you said, there's the monthly HOA fee. You can also get hit with special assessments, which can be enormous. I don't think they're necessarily bad deals, though. Just like anything else there are good and bad.