I always suggest to my clients that are looking for investment properties to look into a multi-family residential property. These types of properties can generally deliver the most stable returns, because no matter what the economic cycle, people always need a place to live.
The loss of a single tenant can have a minimal impact, but if you lose a tenant in any other type of property the negative effects can be much more significant. Contact me if you are thinking about purchasing a multi family property.
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