Single Family Rentals vs. Multi Family Rentals

[Katherine Lankford]

I have a full time job but I want to be a successful real estate investor. I did some investing in the Atlanta area before the crash with no real education and made huge mistakes. I'm ready to conquer my fears and jump back in. I am in the Minneapolis Market and have been listening to Bigger Pockets for a few weeks. I'm not sure if I should start with rentals of single family homes or multi-family homes. I would also like some guidance regarding locations in the city that are sound investments. If there is anyone that is experienced in the Minneapolis Market that could provide some guidance that would be great.

[Tiffanie Mayo]

I say multi-family and House hack.  Thats what I'm currently doing, it will also will help you save some more money for your next investment.