You will also likely be paying more than more experienced investors as you build your team and knowledge.

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

We manage a bunch of ADU’s and higher density new builds for investors in Raleigh and Durham.

Could you go reinvest it in another property to build even more income?

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!

I currently work with investors looking to build their portfolio with single-family, long-term rentals while managing for them on the back end, making is hands-free for the investor to still work their W-2 job and live their everyday lives and spend it with family, hobbies, etc. 

The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business. 

Focus on one strategy, practice analyzing deals, and take consistent small steps like attending events and building relationships.

There are two, one bedroom apartments on the second floor and first floor is currently being used as a convenience store.

Quote from @Kyle Carter: I want to buy an apartment building and rent it out to all section 8 tenants.