Duplex or Fourplex for my first investment?

[Melissa Dorman]

So I'm moving from LA to Portland, saving my pennies, and looking to buy my first property (likely FHA 5-15% down, owner occupied). Inventory is scarce and prices are steadily rising. I will have about $50,000 for down payment and closing costs. Would it be better to start with a duplex that is about $300,000 that brings in $2,000-$2,500 in rents or a Fourplex for $500,000-$650,000 that brings in $4,000-$5,000 in rents?