I am a newbie investor looking to purchase my first rental property, and I have been caught between going for a single-family or a multifamily rental.

Quote from @Willam Mendez: Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield? 

I have found that I get more appreciation on the single family house because I can sell it to an investor or as a primary residence.

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Investment Info:Single-family residence fix & flip investment. 176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

Can anyone give me some advice pros/cons on having a single family unit with a pool as a rental unit.

You could also buy a single family property that you can either fix and flip or house hack.

LTR Single Family Rental What made you interested in investing in this type of deal?

You could also add cash to your exchange account to reduce the debt replacement if you wanted.