Aside all that, as others mentioned, you didn't lend enough info to give any specific answer to your specific situation.

The purchase cost is on average $350k - $450k.

Quote from @Kristi Kandel: Quote from @Jay Hinrichs: Quote from @Kristi Kandel: Quote from @Manuel Angeles: When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?

Want to acquire a self-car wash within Dallas Texas area. Was wondering if anyone knows a guy/girl that can't help me acquire sed property off market for a better price. Any information would be appreciated. 

Would need to know a bit more before giving a specific direction but it is usually best to hang on to your property and not sell whether you expand on it or rent it out and purchase a bigger property.  

Let me know if you have any specific questions, and I’ll be happy to answer!

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.

They might have insights on specific zip codes or pitfalls to avoid. https://www.biggerpockets.com/forums/521

I have not selected a specific property yet, but want to at least identify my potential investors.

If you’re unsure about which specific account to choose, ask a local CPA or banker, since every situation can vary.