As a rule of thumb, I advise against investing in single family homes of any type if you are looking to make money on monthly cash flow. In most markets houses, condos, townhouses usually make less of a return on equity than a 12 month CD, without the safety of principal. The profit from this type of property comes from either flipping (changing the property to dramatically increase value and then selling it) or holding it for a long time (appreciation). Single family properties in vacation markets (eg Hawaii beachfront) are a special case. Apartments, mixed use properties, office buidlings and land leases tend to provide better monthly income while also appreciating. If you have a lot of cash to put down and intend to hold on to the property for 10+ years, you may consider single family, otherwise, I recommend you look into multifamily and commercial properties. Check out our web site for more info.