What is the best for loan and rent?

[Kate J.]

Hi, I am new to BP, and to real estate investing. I was studying Chicago area, but still did not decide what is the best for me. I will close soon an apartment I've got on hubzu. It seems like a good deal to me. What is the best in terms of loan? Commercial property like multifamily building or residential with up to 4 units? How much pain will I get with having say 20 units (just theoretically speaking) located in several places in the city vs 20 units in one residential complex. It does look to me that the separate units cost 20% less then those which are in a multifamily building. Thanks to all in advance.