New Construction Properties

[Ethan Allen]

As my first property I've been thinking about what I want to do (as far as buy and hold goes). I've heard some content suggesting to buy into a development at the beginning due the builders raising property value by 2k per 5 properties, thus creating a vast amount of free equity within a few years without doing anything to the house. I would then house hack and rent out the other rooms. My other idea was to buy a multi family home, live in one unit, rent out the others, and create equity by putting money back into the property. Of course we assume the numbers make sense for this property. Under the ideal circumstances, what are your guys' thoughts on each option?

Thanks for any comments or advice!