My suggestion if your goal is to free up some equity to use for another purchase - start small with the single family home with a cash out refinance.

The area’s limited number of apartment buildings means that many renters prefer single-family properties, creating steady demand for these homes.Having assisted numerous buyers in Little Rock, I’ve seen firsthand the opportunities this market offers.

We came across a large single-family residence with two kitchens, right next to a commercial zone, that was previously used as a sober living facility.

To match the returns you'd have to peg every grand-slam appreciating stock every-single-year on the street.

It's not just for large portfolios; even a single property can justify the use of an LLC, especially if you want to shield personal liability in the event of legal issues. 

For example if a single family home rents for $1700 in your area.

Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope