Multi unit vs single family

[Arthur Clark]

Hi BiggerPockets I will be investing in the Akron, Oh area. I am having an issue picking a strategy. My long term goal is to build a buy and hold portfolio. My issue is a lack of capital to get started. Option 1) Purchase a small owner occup. multi family 3 to 4 unit. I would continue to save and explore home flips to gain capital for additional properties. Option 2) 203k to renovate a distressed property. (Ugly home in nice area). Then I would pull out equity after a year to use as a down payment for a multi family. Is there a right or wrong answer to this? What would you do? I look forward to hearing your thoughts. Thanks!