I have owned and managed dozens of different-sized residential buildings between 1 and 12 units, and have just reviewed my past 10 years in the business. Here's why I like my duplexes the most:
TL;DR - I LOVE DUPLEXES ESE
- My duplexes have had the most appreciation in my area (compared to other multi-family sizes)
- The 4 duplexes I rehabilitated and sold all went to lower-income or young families, to pursue homeownership.
- The duplexes I have rehabbed and held have easier and cheaper maintenance than the bigger buildings (contractors seem to charge more 'residential' rates than 'commercial' rates with the 3+ unit buildings)
- Significantly less inter-tenant conflicts
- Tenants take more pride and actively improve the the exterior of the homes landscaping / upkeep
- Lower turnover
TL;DR - I LOVE DUPLEXES ESE
