Single-Family or Multi-Family?

[Lawrence Gentry Thompson]

Hi, my name is Gentry Thompson and I'm trying to decide if my first property should be a single-family rental or a multi-family rental. I've read elsewhere and agree that one's circumstances are the deciding factor so here are mine: I'm starting with basically nothing (I have a little under $37,000 in student loan debt that I'm going to pay back with the income I generate from the rental), I have huge goals, such as being a millionaire, retiring at around age forty, being able to live life on my own terms and having plenty to give away to worthy causes. I've been advised elsewhere to househack, so multi-family rentals are really conducive to doing so. I signed a lease last month to stay in my apartment until January 2021 so I won't be able to live in the multi-family rental until then. If all units in the multi-family are occupied, I can't just kick a tenant out when I want to move in. Should this steer me toward a SFR? I believe also that SFR's are less expensive to acquire.

Do I househack with a multi-family, say anything from a duplex to a quadplex, even though I won't be able to live in it for nearly a year? Or do I start with a SFR? Thank you for all input.