In the second you have two tenants with 3600/mo rents and lower costs, if one moves you still have 50% revenue coming in diversified across two properties.

Any tips, warnings, or real-life lessons are welcome! 

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

When you are ready to move forward, I'd be happy to help you look at a deal.Jeff

Most likely due to wanting to invest his time more wisely:)If you can move in with family or friends RIGHT NOW and rent out your house and start DIY managing it BEFORE moving out of state, that would be best.Otherwise, handymen, cleaners, agents, etc. are highly likely to take advantage of you once they find you you live OOS.

I think I have all of my ducks in a row but I want to hear from other investors who are interested in this model.Any tips?

Off-Market: I was working for a storage facility and the owner needed help removing his stuff because he was moving How did you finance this deal?

@Gil CanfuBased on my experience working with over 400 investors, investing in a single-family home in Dallas with a $300K budget is a smart move due to the area's strong rental demand and appreciation potential.

They are LTR, sorry I should have put that in there. 2 Have been there for 1.5 years now and 2 just moved in Feb 1 after a renovation was done.