As a general rule and given past experience, I always prefer to buy SFR's vs. condo's, but like Justin noted, condos can turn out to be great investments.My reasons for not liking condos as investments: 1/ more volatile than SFR market (i.e. look at how condo's in the city of SF are doing right now vs.

If I were to guess, I would say that we probably have 8 move outs and 16 move ins per month on average....roughly one move in/out per workday....this varies considerably where I live as we are most volatile from April to June and Sept. to Nov....Winter is slower (in and out) as is mid summer (vacationers?)

Albuquerque tends to be a stable market with very little volatility and steadily gains value at about 3.5% per year, on average.

Townhouses are likely to be a lot more price volatile if and when the real estate market ever softens up.