Grand Rapids - SFH or multi unit investment?

[Caryn Connors]

My husband and I are wanting to purchase our first property as an investment in Grand Rapids

Either multi-unit, live in one unit rent out the other(s). Or SFH, live in for a year and then rent. In Grand Rapids, do investors have more luck renting multi units or single family homes?

Another idea we’ve been dabbling with given western Michigan’s coast is short term rentals in one of the beach towns along the lake.

Would love to hear people’s thoughts, share their experiences, or give any advice regarding the GR market and surround area.