Larger or Smaller Properties?

[Steve Murphy]

Hello! I am just starting out and have a decent amount to invest between savings and a HELOC.

I am debating between two modest properties versus one larger home. I am looking at a market about 3 hours from my home (Williamsburg, VA). Just interested in SFH for LTR.

One of the considerations is that with a single property, I can probably avoid the management company. With two smaller properties, I'd probably hire someone local to assist me. 

I've been a landlord prior, so I have some familiarity with what it takes, but I am certainly not an expert.

Thanks in advance!

Steve