I'd take the leveraged position and multiple properties and diversity every time, but that's just me. 

Here's why:Philadelphia offers a diverse real estate landscape with a mix of residential, multifamily, and commercial properties.

It's essential to consider and appreciate the diversity of housing options available, each serving different needs and lifestyles.

Richmond, VA is a great choice for real estate investors due to its diverse economy, affordable property prices, and rental demand from universities and young professionals.

Diversification potential: The region encompasses diverse markets - from revitalizing rust belt cities to booming tech hubs - allowing investors to spread risk across different economic drivers.5.

If you're in a diverse market and opportunities for either single or multifamily properties will support your ROI goals then I say don't exclude either segment in your search.Regarding your comment that a multiplex may be riskier with lots of maintenance & vacancies, this is only true if you let it be true. 

Why buy the real estate equivalent of a penny stock when you can afford to buy blue chip aristocrat dividend stocks (Class A multifamily properties in good locations with actual strong fundamentals like population growth, a diverse and recession-resistant job market, limited supply and high demand, affordability, and consistent long-term appreciation)?

It’s great to hear that you’re ready to dive into investing, and Pittsburgh is a fantastic choice with its diverse neighborhoods and growing market potential.

With its steady job growth and diverse real estate options, it offers excellent potential for investors looking to start or expand their portfolios.

The North Texas city's population has grown by 7% and its economic diversity has been a key factor in sustaining employment and population growth, according to the report.Austin's prosperity was tied with Fresno, California for a top 5 rank and total score of 59.9 points.