SFR or Multi-family?

[Marty Summers]

I need some here...Have 100k to invest: 1.) Should I try to buy a 125-135k SFR and anticipate a 1100-1200 monthly rents? 2.) Should I look for a duplex or quadplex for 125k - 250k with some bank loan and get a higher monthly cashflow? I am so confused on which way is best. 1.) There are single family homes everywhere I can pick in that range. 2.) There are not many multi-family deals right now unless I invest interstate. We already own a duplex cash flowing 2690...so this next purchase is real important to launch us to the next steps. Thank you! Marty

[Kurt Phillips]

@Marty Summers you said a mouth full in that last sentence. 

"so this next purchase is real important to launch us to the next steps."

What is the next step? Is it out of your job, vacation fund, retirement money added to a 401k, taking care of aging parents....You determine what the goal is and the answer will become crystal clear. I personally like SFH in my area for appreciation. But I own all multi family properties because, while smaller multi families (2-4) don't appreciate in my area, I buy them for cash flow which is my priority number one. The more doors, the more cash flow.

That is obviously my very simplified strategy.  But define what the end goal is you hopefully that will help you.