Investing in residential properties such as duplexes, apartment buildings, and condo buildings can often come with large upfront and back-end costs. The need for asset management also increases significantly when making the leap from single-family to multi-family housing. At the same time, because multi-family properties offer multiple rental units to rent (and promise multiple streams of revenue), they can also generate additional income of multiples in the end. Similarly, having the ability to rent a single unit versus multiple units gives real estate investors many opportunities to reduce the vacancy rate, reduce their expenses, and offset general risk.
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