1 rental house or 5 rental houses

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New to all this so hope I my question is clear enough... I have $100,000 saved up towards a property. Rest all being equal, is it better to purchase 5 properties valued at 100k each (20% DP) or one property at $500K. -is there a huge learning curve and am I better off learning with a $100k property over $500k. -I'm only looking in college areas where occupancy is 95-100% granted damage might be slightly more depending who it is rented to.