We have some single family rentals and it appears that our property manager might be going out of business.

I agree that is does not matter what a single person might believe.

Look, I think of it this simple, I don't know a single established millionaire who does the "standard" consumer debt thing.

However, if you do buy a single family, you can get away with 10% down as a second home, with conventional financing.

Start small by buying a duplex or single-family home with minimal renovation and in good rental areas.

My investment partners and I have made considerable investments in Mount Airy over  the past few years, worked with a number of brokers on acquisitions and can honestly say not a single one has been able to effectively articulate our neighborhood investment thesis which tells you how challenging the neighborhood is. 

Are you wanting to buy your first single family rental, or are you trying to dive in and buy a 20 unit apartment?  

Quote from @Taylor Davila: What is the average cost of converting a single family home into a duplex? 

I have property in Kansas and Massachusetts and have a Kansas realtor’s license.I’ve always been into single-families but now considering small multi-family.

On the other hand, if you’re looking for flexibility or control, or you prioritize high resale value, it’s worth exploring alternatives like small multifamily properties or single-family homes in areas with broader market appeal.Coming here to see if anyone has suggestions or experience to share is a great first step!