With more units there is an opportunity for increased cash flow by having more than one tenant. It provides financial more leverage through additional income streams. A few things to consider:
Benefits
Resilient to economic cycles
Financing standards based up on single family.
Pricing based on cash flow
Holds resale value & appreciates
Outsource management
Create passive or active income
Tax breaks
Risk mitigation
Know before you buy
More Expensive to buy and maintain
Usually requires staffing
Less to choose from on the market
Miscalculating expenses and cash flow can cost you
Know market for resale or rental rates
Obtain evaluation & assessment to determine costs for maintenance & repairs
Subject to additional fees from the local municipalities