Insight on a rental property

[Andy Kennison]

Hey everyone, 

 Currently living in Tuscaloosa and I have the opportunity to sell my dads house (that I have been house hacking for the past year) or buy it myself and make it my first rental property deal. My dad said I can keep any profit but I have to give him 120k. I would love to sell it and make a small amount for a down payment on a duplex or triplex. I am willing to try different things with the deal to possibly further my experience/education. Any suggestions or tips are greatly appreciated!