3 Condos or 1 House

[Petro P.]

I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)

Here in South Florida i can buy a decent 2/2 condo for about $60k-$80k, so with 25% down i could get about 3 of them and make about $100/month each or so. Or i could buy 1 decent single family home for about $250k and make $200-300/month.

I cant figure out which would be best. Condos have the HOA to deal with vs the house may not have a HOA. But the house could have larger repairs in the future.

Any advice?