In fact my greater Boston team leader @Todd Wheatley finds these can be far better from a cashflow perspective than their legal 3 family counterparts when handled correctly.

@Michael MorelliNew York State tax laws are more complex than South Carolina tax laws.Your SC return will be a non-resident return and include for the most part only your rental property from SC.Short-term rentals have a lot of similarities from their long-term counterparts...but also have many differences for tax purposes.best of luck to you in your search

A single family rental has a conventional 30 year mortgage and usually a lower cash flow and traditionally costs less than its multi family counter part.

More importantly, the cost of living is relatively cheaper than the west coast counterparts, so at least my west coast clients seem to experience a nice boost in lifestyle.

@Brennan VaughnMultifamily are a little different than their Single-family counter-part for tax purposes.Living in one state and investing in other states does add some complexity as you are now exposed to filing non-resident returns in other states.

I'm not sure why you say it doesn't sound advantageous to you...your next paragraph clarifies that individual homes sell for much more than their similar duplex counterparts.

Homes that are smaller sell for a higher price per SF than their counter parts, same as buying a six pack vs a 12 pack.

You would probably be surprised at the rental rate increase in just over a year as Hamilton was always the ‘cheap’ place to live in comparison to our Halton and GTA counterparts.

Unfortunately I believe Hawaii is a place where you need to be rich already :(Jobs pay 30% less than our mainland counter parts.

I'm not experienced enough to know when I'm chasing an investment down a hill.  3) I've read that in a down economy, lower class properties tend to fare better than their counterparts because renters begin to downsize their lives.