I personally prefer to buy 1 bedrooms. The returns are better as the premium to buy a 2 BR is bigger than the premium to rent a 2BR. you also eliminate roomate squabbles that leave you with a tenant who cant pay the rent. There is a large class of adults who are renters and always will be. those are my tenants. I ask them to be the tenant I want them to be and in return I give them a nice place to live as the landlord they want me to be. I dont jack them around on rent and they stay longer. vacancies and fix up costs can be a profit killer. At least that is what i have been doing so far.