update: some renters prefer simpler life in a condo.
I now feel condo is very popular for renters, with
- relatively new facilities
- location — high rise buildings are worth building only at prime locations, often near transportation and shopping.
However, investors are often better off with SFH or 2FH because
- can subdivide into tiny rooms
- can live on one floor and rent out another floor
- can expand to add a room
- land appreciates
- no HOA to erode the rental yield