It depends on your personal situation, how much extra money do you have saved every month that you can spend to purchase properties.

that COULD BE looked at as your COCR in moving around this equity. but to answer your actual question, it depends on your long term goals. if you want a million units you'd be better off in multifamily. if you want a small but mighty portfolio that you're always optimizing, maybe have some STR some MTR in there, self-manage, keep it simple... you could stick with SFH and probably have an easier time managing.

Finish the basement into a legal apartment and then maybe rent the 2 car garage as storage/secure car parking.People in the city are always looking for secure places to park their cars depending on where the place is.

Downspout depend on the section, the lower ends are very easy to replace, if it's higher up then it's a bit more involved but still not hard. 

Then depending on how much your gas bill is how long would it take you to recover $1200?

(depending on your current financing, the limit is going to range up to 90% LTC in most cases)2.

@K S.It might depend on if your PM company does all the management.

And depending on the offers I get for selling or renting, I can decide whether I want to sell the property or rent it out. 

Depending on what brokerage you join you will have monthly office costs, and pay a percentage of your commissions to the brokerage.

You will run out of money for down payments quickly buying rent ready rentals & the STR income can fluctuate greatly depending on the season / state of the economy.