Pick an investment plan that fits what you like and what you have, like rent and hold, fix and flip, selling contracts, or living in one part while renting the rest.

If the market cycle changes; if your area of interest isn’t right; if you don’t have sufficient capital or credit; and if your not a “fit” for the work necessary to close the transaction, then you might have thrown $15,000 or $40,000 or MORE down the drain.  

I would add, make sure you have good landlord resources as you enter into the landlord domain-lease agreement fitting your situation-resources for your tenant application process -needed landlord forms and notices-education resources-management tools (e.g. software to keep all records, pictures, payment history, etc.)Best wishes.

There is a way to check if one or the other fits your style and goals and has content that is actually solid information.

They seem like a good fit.

Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

If the peg don't fit. 

Hey everyone, I am a land investor (3 years experience and over 100 transactions to date) who has seen this company in many states but I have never spoken to the owner (even though I called once because I had a lead on a land deal that I thought would fit his inventory and just wanted to wholesale it instead of buy it myself).  

Single Family. 3 bed (all can fit queens) 2 bath and 2 car garage. 

Have you looked into other subdivisions that may be a better fit for your investment goals?