A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

However, my hold up is what market to look at that will help me meet my goals.

The goal is to continue growing the management business with our portfolio.

The goal is to move into another property by spring 2025 to do another live in flip and keep this property for a few years at least.What made you interested in investing in this type of deal?

Quote from @An Lan: I am not a professional real estate investor, I just invest in houses as a safe asset and do not choose to rent them out.

This synergy makes our team stronger and keeps us all moving toward the same goals.6.

There are pros/cons to the bay area vs out of state and everyone's situation is different to reach their goals within their own timeline. 

My goal is to try and get a multifamily property a month or two after starting my job once I have the paychecks rolling in, to show my financial advisor.

I am generally curious as to why you would choose to do this? 

My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties.