Money for One Deal, Duplex or Single Family?

[Bradley Mair]

Hello,

I have money for one deal but can’t decide what is better, a duplex/triplex out of state (Maine probably) or rent my current primary residence, upgrade, rinse and repeat. 

Any help is appreciated!

- Brad

[Bradley Mair]

Quote from @Samuel Diouf:

Your second strategy is similar to house-hacking and is a great strategy if you want to be less hands on. 

If you want to go the OOS multifamily route, it will require a little more work, but you can scale pretty quick when investing in the right markets. 

 Thanks Samuel. There’s so many good strategies it’s hard y to pick one, but these two seem best for me.