Multi-family/Apartment complex as my first investment property?

[Calvin Smith]

Hi all,

Just getting started on this real estate investment journey. I've decided to focus on rental properties as my 'niche'. 

I continue to go back and forth on whether to focus on single-family or multi family units (including small apartment complexes).

Has any one on here closed a multi-family unit/apartment complex as their first deal?

Naturally, I have been telling myself to get my beak wet with a single-family property, first, and then move onto multi-family units. However, I know multi-family/apartment complexes will get me to my 5 year goal faster.

This decision is key for me because I would like to decide where to focus my learning for the next year or so.

Any feedback is greatly appreciated!

[Hadar Orkibi]

@Calvin Smith  i would recommend that you start with small multifamily. preferably 3-4 units.

These are easy to finance and give you the biggest rent for the buck. You want a building the has separate utilities to all unites, tenants pay for everything including water. 

Have you thought about house hacking?  live for free in one side and rent the others?