A real-estate investor and realtor shares 2 pieces of advice for buying a rental property amid high mortgage rates — including the pros and cons of single-family homes, multifamily properties, and condos

A real-estate investor and realtor shares 2 pieces of advice for buying a rental property amid high mortgage rates — including the pros and cons of single-family homes, multifamily properties, and condos

With mortgage rates back above 7% and home prices remaining high, now is not the best time to purchase…