I am new to the world of real estate investing and want to one day own properties and rent units out.

@Ken M. rents are softening in the places that have had a lot of new units come on line.  

I'm still focusing on small multi-families mainly 3-4 units.

Investment Info:Large multi-family (5+ units) commercial investment investment.

My wife has 2 rental units and I have one rental unit, each rental unit is in their own LLC.

Then sell the property and start doing fix and flip or fix and rent. ( I prefer to sell this property as it 100km away from my student rentals. ) Not sure if I should renovate the lower unit to sell.

Secure Smart Financing – Consider FHA, VA, or conventional loans for small multifamily (2-4 units). 

In this market outlook report, we will take a look at the current and future outlook of cap rates and interest rates, the market fundamentals for the multifamily sector as a whole, the falling net deliveries and vacancies of multifamily units in the coming years in the D.C.

If you plan to buy in your hometown, buy a 2-4 unit, and live in one of the units.

I currently have about $50k in cash and am looking to spend no more than $250k on my first property (less depending on the area, number of units, etc.), inclusive of any renovation costs.