Henry Washington returns to the Northwest Arkansas Investing Podcast to share his wealth of knowledge on the single-family versus multifamily investing debate. With a portfolio of over 100 units ranging from single-family homes to eight-unit properties, Henry brings a refreshingly balanced perspective to this common investing dilemma.

What sets Henry apart is his unique investing philosophy that values people alongside profits. While acknowledging that single-family homes typically generate less cash flow than multifamily properties, he keeps them in his portfolio for a deeper reason: "I like the safety of the asset class... but the main reason doesn't have much to do with how much money they make. It's more to do with how I can serve the people in the community." He shares a moving story about purchasing a quadplex and allowing an elderly tenant who'd lived there for decades to stay at her below-market rent while helping her eventually transition to a new home - something that would be nearly impossible with larger multifamily properties where investor expectations create different pressures.

The conversation shifts to explore multifamily advantages, including income multipliers, built-in management infrastructure, and valuation methods. Henry provides invaluable insights on property management challenges, explaining that "good property managers are hard to find" regardless of asset class. Drawing from his experience managing property managers at a nationwide fund, he stresses that "your job as a property owner is to get good at tenant selection or to get good at property management selection."

Perhaps most valuably, Henry shares the story of his favorite deal - four dilapidated duplexes acquired after simply asking a seller "got anything else?" That simple question led to purchasing properties for $205,000 that now command $1,100-1,200 per unit monthly. Whether you're considering your first investment property or looking to scale your existing portfolio, this episode delivers practical wisdom on evaluating opportunities, financing strategies, and maintaining your values while building wealth through real estate.