The way the house is laid out lends itself to being split into a two family property which is a goal going forward.

One other positive side effect of having leverage on the property is that it is less of a target for a potential lawsuit.At the end of the day it really comes down to your objectives and goals as well as your personal preferences and comfort level.

The best strategy depends on your goals and resources.

Start conversations at community events and be transparent about your goals.

Quote from @Vanessa Lule: I’m an 18-year-old aspiring investor with a goal to build wealth in real estate.

Quote from @Carole Parker: Finding your 5th investment property is a great goal!

Also, make sure you account for broker commissions if you choose to use one to lease your building.Best bit of advice I have, get in touch with a local commercial broker who specializes in that asset class if you haven't already. 

. -- but, which one would you choose and why?

Financial independence is a worthy goal.

If you use an FHA loan as an individual, you’ll benefit from a low down payment (3.5%) and more lenient qualification requirements, but you won’t have liability protection, and the loan will stay in your name when it becomes a rental.Using a conventional loan through an LLC offers liability protection and scalability for future investments but requires a larger down payment (15-25%) and often comes with higher interest rates.If maximizing cash-on-cash return is your goal, FHA might be the better starting point.