My first Investment - Living in my friends basement

[Noah Jutis]

Hello all!

I live in the suburbs of Detroit Michigan. I am a full time Engineer living in my buddies basement saving as much money as possible. I have been pre approved for a great loan and want to invest into a property to make equity and start my climb to financial freedom. I found a duplex that is occupied currently and brining in roughly 600-900 profit a month. The tenants currently are on month 6 of a 1 year lease. Should I invest into this property and live in my buddies basement and make cash flow? Or should I invest in a single family home for my self and start the BRRR process?