if you are worried about vacancy, then multi-family is what you should go for.

Hi Willie, I think it would be best to wait until you have more capital to put down for a multi-family property. 

:Syndication multi-family investments are riskier and have less upside than gambling in Las Vegas.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

@Michael BertschAs a general rule, we only leave a fireplace functional unless it has a sealed, externally vented, gas insert ... and, even then we may disconnect it.Check with your insurance provider and see how unhappy a functional fireplace in a rental makes them.

Hiring a Handyman: Posting ads on platforms Craigslist or Facebook Marketplace and conducting a multi-step interview process:Start with a phone screen to assess experience, availability, and resources.Follow up with an in-person meeting to determine compatibility and trustworthiness.4.

I’ve seen countless stories of families choosing between groceries and rent, or parents juggling eviction notices while trying to shield their children from the stress.

It is an awesome system and does everything for single and multi family management, makes our difficult job so much easier.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I would encourage you to sit down with a couple of real estate salespersons and choose one based upon experience as well as knowledge of the area.