Each has its pros and cons and owning just these two properties have taught me many many lessons about Multi-Family ownership.

I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.

Dentistry.Buy your own building, rent out to other professionals and use the money to buy single family homes for rentals.

I agree with where Nicholas is going, first, if it's feasible I'd recommend house hacking some type of multi family or even a single family that's local to you. 

I'm planning on buying a small multifamily first and foremost so I have a place to live and then will either buy a single family or another multi family depending on what I can find/fits my criteria at the time.

My plan is to rent it on a short term rental basis and stay for few weeks in a year with family/friends. 

South Utah County and the Eagle Mountain area are where I would be buying and specifically new construction and small cheap single-family homes.

., there’s a strong chance you could legally convert to a two-family.

Given your house-hacking strategy and lower monthly income, using an FHA (3.5%) or Conventional (5%) loan on a duplex, triplex, or a single-family home with extra rooms is a great way to start.

Before listing the property, we were using it for ourselves and our family and friends.