I have been doing more thinking about buying my first IP in the next couple of months and I have been looking into a lot of different suburbs that I'm familiar with, and one of the many questions I have is, what is the optimal number of bedrooms for an IP? I can appreciate that "optimal" is often a very situational thing, but in general (as an investor) do you prefer smaller 2BRM places closer to the CBD or larger 3BRM places slightly further about from CBD? I don't have much/any experience as an investor, though I have been a tennant for the last 18 months in two different places and in my area, and I definitely found there were a lot more 2BRM places available to rent, and 3BRM place were quite difficult to find (I'm assuming this scarcity transferred into higher returns) though I think all in all there was slightly higher demand for 2BRM. However I'm assuming as you get further from the CBD 3BRM properties that can cater for small families are prefer and in greater supply, is this the case? I'm really quite interested in what other people think about in relation to the number of bedrooms an IP has and its eventual ROI.