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Single or Multi-Family for First Rental Purchase?
I've been searching for my first investment for some time now. I am going back and forth between buying a single family home versus a multi family unit. For a first time buyer, what do you think is the best option? There aren't many multi family units in my city (Palestine, Texas), so if I go that route, it will have to be a distance purchase. Also, SFRs are being snatched up within days. What do you guys think? Thanks in advance!