Investing in single-family homes can be a solid long-term investment strategy for several reasons.

First, single-family homes tend to appreciate in value over time, providing a return on investment as the value of the property increases. This appreciation can be driven by a variety of factors, including local economic growth, population changes, and rising demand for housing.

Second, single-family homes can be rented out to provide a steady source of income. Renting out a property can generate a passive income that can be used to cover mortgage payments and other expenses, helping to generate a positive cash flow. This can be especially attractive for investors looking to build wealth over the long term.

Third, single-family homes tend to be in high demand, which can make them easier to sell when the time comes. This demand can be driven by a variety of factors, including population growth, job opportunities, and an increase in the number of people moving to the area.

Fourth, single-family homes are considered to be less risky than other types of real estate investments. This is because they are not as susceptible to market fluctuations and downturns, which can negatively impact other types of investments, such as commercial properties or apartment buildings.

Finally, single-family homes can also be leveraged with a mortgage, which means that an investor can buy a property with a relatively small down payment and use rental income to pay the mortgage. This makes it easier for investors to enter the market and start building wealth through real estate investing.

Overall, investing in pre-construction condos can be a good way to build wealth over the long term, generate passive income, and hedge against market volatility.