First Time Homebuyer

[Alex MacKenzie]

Hi Everyone!

I'm just started my full-time job in accounting and am currently renting. My lease turns in September and I really think it makes sense to buy my first house. I want to make it my primary residence for a year or two, and then buy something else.

I'm trying to decide whether to buy a multi-family being a landlord, or buying a move-in-ready house that needs cosmetic upgrades, fixing stuff up as I live there, and then renting it out eventually. 

If anyone has any advice I would love to hear it. Also, I plan on spending around $150,000 in the suburbs of Detroit, MI if you are familiar with the market.