Buy and Hold - SFP vs Multiplex

[Carlos Mezquita]

Hello BP!

This is my second "active" day in this great webiste, after attending to some webinars, listening the podcasts and reading the forums, I decided I would like to start my RE experience with the buy and hold strategy by getting a mortgage. 

To begin with this I just went out to sites like Zillow, Realtor, etc and started looking properties...

First thing I realized is that there are a lot of different options out there, so at the begining I though to start looking for single family properties, but after looking the market out there and the way I´m thinking to get my first investment property (mortgage), the multiplex made more sense to me, because with a single mortgage you get the opprotunity of doing house hacking or have multiple tenants; granted I understand probably expenses are higher on a multiplex, but to me it made more sense than a singel family property.

So I would like to know your thoughts about this, as well as any other recommendations or key items I should be paying attention that could make me lose money instead of making some monthly cash flow (hidden fees, unexpected expenses or things like that).

If you guys know where can I find like a buy and hold check list or do´s and don´ts about this strategy, I will appreciate it.

Thanks!