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Updated about 9 years ago, 11/07/2015
How do you know what you want?
Hello all! I'm new as of today, and have just started researching multi-family property rentals as an investment option. I read through a lot of the step-by-step blogs, but I'm having trouble figuring out what specifically to look for or what I should ask a real estate agent to help me look for.
How do you guys feel about:
*duplex vs triplex vs four-plex
*house w/ a carriage house or granny flat
*house that can be split into vertical apartment levels w/ outside stairs (I lived in a 3 story house in college. The landlord had the main floor, another guy had the 2nd, and I had the 3rd floor/attic. Each was a separate housing unit with outside stairs for access, a shared backyard, and shared pay laundry services in the sunroom on the main floor)
*land that I could build a couple carriage houses on and rent out
*one large house where I would live with the tenants
Any advice would be appreciated. Again, I am very new to this and still a bit nervous about taking suck a big step.
Larissa