In Trustee sales once you hand over your check its done your money is gone and not coming back unless there was a mistake in the sale or the owner filed a very late BK that was not caught before the sale was cried.

However, if both are desirable and available in your market, I would definitely choose smaller multifamily (1-4 units) hands down. 

Appreciation on the other hand is the biggest piece of the real estate pie.

Normally they would mix the concrete by hand. 

I've largely stayed away from the "sub-to" buz word, but I have done a couple sub-to flips knowing that I only needed to hold onto them a couple months and I was prepared to pay off the notes if they were called.Sub-to for long-term hold on the other hand has me nervous. 

Sit on your hands a little longer. 

The very next morning, he was at the seller’s property with a contract in hand.

Quote from @Chris Tessmann: @Jay Hinrichs this has already been a three month long process in which I have been told the refund was approved and given three separate dates that I was to have the whole refund in hand.

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

Simply ask the sponsor if they would be open to connecting you to a handful of investors who have known and invested with them for a long time.