And of course, there is more involved in the tenant/landlord relationship than just finances.Landlords who do not adapt to this landscape will be at a competitive disadvantage.

The disadvantage is that you are choosing from a limited pool of properties.

Congrats on finding your first deal.Regarding the property, assuming most houses are 3/1 or 2/1s in the area, being that your property is unique and in a tougher area that could be a disadvantage for you down the long run as far as rent and appreciation.

what are some advantages / disadvantage to doing this?"

Something completely different, which I am unaware of...I would appreciate receiving the advantages and disadvantages of the above routes and how would I technically go about following up with one of them.

When I first looked into investing in real estate (I only have one SFH in a low income neighborhood right now) It was pointed out that one of the biggest disadvantages of multi-unit properties is that your buyer's pool is WAY limited when you want to sell.

So, the disadvantages appear that I would brake even on cash flow and have marginal appreciation to show for that (not the best combination of cash flow/appreciation).

What are the advantages or disadvantages of both?

It seems very prevalent right now, and I'm just wondering if there is anything I can do eliminate the disadvantage.

There are disadvantages to being a real estate agent.