SFH vs Multi near college in MO

[Michael Headley]

Hello again BP,

Question for everyone, looking for some opinions. Without getting too far into the details we have a HELOC with access to 75K and are looking at a few properties near a college. Property A is a two home/ 9 unit multi-family rented to students. Super good location but units could use some work over time. Looks like 7 of the 9 units are rented for the rest of the year and some until 2022. Property B is a SFH 3/1 that has the potential to turn a garage into a living space and rent 4 individual rooms to students. Here's the question, Property A is asking $240k and property B is asking $90k. Property A would require us to use the majority of the HELOC money for the down payment, and Property B would require using ALL the HELOC money for a cash purchase. What are a couple of newbie investors to do? This is our first deal and we are welcome to any and all advice from anyone. I will be posting this question to the BP rookie page also. Thank you in advance for any opinions and thank you BP for always being there through our years of analysis paralysis!