Multi or single for out-of-state investing?

[Monica Davies]

I'm selling my 4-plex in Utah, and should net about $120k that I want to reinvest out of state where the margins make better sense. I was thinking maybe Pittsburgh or Orlando.

Do you think it's better to (1) BRRRR little run down homes so I can reinvest the capital more quickly, or (2) use the money as a down payment for a 10-plex for a little more convenience?

Either way, I want to try investing out of state.

[Clayton Hepler]

@Monica Davies, I've just gotten into the Pittsburgh investing scene(have yet to purchase a property), but would love to offer my .02.

I'd say to start with I'd ask you, what are your goals for out of state? Investing quickly or convenience? 

Pittsburgh seems like an incredible city to do a BRRR in. A LOT of single family home options that you could fix up with your NET from you 4-plex and build a good couple property portfolio of SFHs(I know as I'm looking to do the same thing right now!).

My intuition says that you could do that with your 10-plex idea too(as pitt prices aren't so high that they couldn't handle that 125K net), but obviously would take some more effort+time.

Hope this helps!

Let me know if you need any more information about "the burgh"!