Whether this is a single family or duplex/multi-unit will depend on how much cash you have, how much work you want to do, how capable you are, etc.

I'm a licensed contractor in NYC and I have a good friend who's family owns a property here in Crown Heights Brooklyn that’s basically all paid off and taxes are up to date.

How about evaluation single family or residential properties?

I have to go FHA since Conventional doesn’t cover multi family with an adu.

My extended family has done very well (10s of millions of dollars in equity growth over the years) with real estate in that area. 

I also have an excess of $1000 a month after all expenses and paid.I guess what I am asking is should I stay and rent and look for a investment property or buy a property for me and my family.

@Anxhelo Lalaj  That’s a great instinct—putting family first is always the right call.

Being 100% financed and rehabbing a 10+ muti family out the gate is very risky.

Investment Info:Single-family residence buy & hold investment.

Although I don’t have experience in house flipping yet, I’ve successfully run a construction business back home.Due to the war, my family and I had to search for a new place to live.