Sometimes some local areas have down payment assistance available that you could use on a duplex -- Looking for things like that might be smart too. 

A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850.

Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area. 

@Jimmy Rojas A family member who failed to file taxes for many years reached out to the IRS and they assisted by providing his total reported annual income for over 7 years to make it easier for him to file back taxes (he couldn’t find his paperwork for most of it).

I don't know if you're able to choose if you want to have assisted or unassisted showings.

I'll be happy to assist

Good afternoon BP family!
I apologize in advance if this question seems rather “foolish”. I typically operate within the residential space and have a few rentals. I have turned down a few apartment scenarios becaus...

Happy to be of assistance! 

You can have a PMS like Hospitable with custom auto messages and AI assistance to answer.

However, if you prefer something more hands-on, a duplex could be a safer starting point.Ultimately, both are good options, but a 4-plex offers better long-term growth if you're ready for the larger commitment.If you need help with financing or analyzing your options, feel free to reach out, I’d be happy to assist!