I have one single family rental now.

For example if a single family home rents for $1700 in your area.

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you

For starters, I recommend to begin with a single family home or if you are looking to start locally, do house hacking. 

Did most of you start in single family?

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

These are lovely single-family homes.

I understand it can be harder to gain experience with larger multifamily properties compared to single-family homes or duplexes, where someone might complete 5 deals in 1-2 years.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

It’s a small single-family home in Florida that I plan to BRRRR.