The options we're considering are either a multi-family unit in the city or a short term rental property in the city or up to 2 hours drive from Sewickley.However, we're in need of professional guidance to help us make the best choice for our family and investment goals.If you were in our shoes, what would you do next? 

Some sellers just have no other choice.

Developing contacts with other investors may lead to useful information, assistance, and even joint venture prospects.Examine the several financing choices that are available for buying houses, including conventional loans, FHA loans, VA loans (if appropriate), and even portfolio loans from nearby credit unions or banks.You might think about contacting mortgage brokers who focus on investment homes.

Seems like you have no limit on options, this is really a strategy choice.

Starting your journey with multifamily properties is an exciting choice.

Best way to make your choice, get quotes for both and while doing so ask the vendors what are the pros and cons to each.

This is a very personal choice.

However, the same liability risk also applies to unlicensed individuals.As long as you abide by the rules and follow the laws, the threat of litigation can be avoided.Make the Right Choice for Your Investing JourneyFor some individuals, a real estate license can significantly improve investing opportunities.

Questions need answers so you can make educated choices about selling or renting. 

If rate of return of appreciation from equity is half than debt fund return, then I prefer debt investment.Personal choice though.