deal or no deal - SFH or Multi-family

[Frank Ma]

I am a newbie and would greatly appreciate your advice and comments

I am looking at two opportunities and not sure which one is the right path or neither one. I am looking at a new SFH at EaDo, very close to the new Eastside Project. It is about $350k and the current rent is low $2300-2500, the idea is to hold the property through leasing for potential high appreciate when the new city center is built.

At the same time, I am evaluating a multi-family investment opportunity 5 plus unit, 1970's, all 1 bedroom 1 bath and rent is $690-720. Rent is $4600, HOA 1200 and Tax $5600.

Please let me know your thoughts

Thanks