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Updated over 4 years ago,
Start Small or Start Big
Hi,
Recently had to liquidate a bunch of stock so sitting on a good amount of cash that needs reinvesting. New to real estate and learning a lot here and off line. There seems to be good returns on both SFH and MFH (3-4 units) in general (although our local market is very expensive right now). So my question is: would it make more sense to focus on finding a few (5-10 or so?) SFH/MFU or try a bigger project such as an apartment building or something similar right off the bat? Like everyone here looking to maximize return, minimize risk and willing to do the work to make it happen :-D.
Thanks for any thoughts/opinions,
Rob