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I think you just need to run your numbers based on how much you are looking to invest.
It’s a good idea to start out with a condo if you cannot afford a single family home. You can get your feet wet without as much risk.
You have more upside with a single family since you can add a granny flat, etc. However, it’s a lot more expensive to buy so it’s more risk.
I always base my numbers on prevailing rents (maybe a hair below) and 25% down.
Feel free to DM me with any questions!
Josh
