Single family or multi-plex (2/3/4) for first investment

[Greyson R Wolf-Dixon]

Hi, I currently own a home in WI and would like to pursue owning other properties here. I am nervous about starting in multi-family because of the size and no experience being a property manager/landlord. Looking for advice on if single family is good to start out on or if it is just better to own multi-family and just figure it out anything is helpful thanks!

[Corina Eufinger]

SFR investing is something where there are a lot of varying opinions for many different reasons. In a nut shell....SFR usually have less turnover and less maintenance burden on the landlord when occupied HOWEVER they typically provide smaller net income than a duplex and when they are vacant there is no-one paying for any expenses versus when one half of a duplex is empty you still have income. When purchasing there is also much more competition. I personally would find a SFR as very stressful first investment given the vacancy factor and a certainly right now during the ultra competitive market more stressful to get under contract. But as I said there are many opinions on this. I'm hoping someone will chime in from the other side of fence so you can hear that side as well.