Some experience sharing would be greatly appreciated.

She wanted to upgrade everything since she moved in.Please share your thought what will you do for this type of tenants. 

But the difference is with a REIT, you own shares in a company holding many assets, and they are liquid.

Ryan Can you share the agent name with me, Ryan?

I am in Property Management, so if you decide to go that route I would be happy to share more about that as well.

A lot of us here have networks you can tap into and other resources to share.  

Which is your choice, thank you for sharing what you have(shows you want to make changes), but in order to give a good assessment I’ll make some simple assumptions and ask you these simple questions; Do you have a personal budget?

As far as a multi, personally if all things were equal I'd go for the multi for a few reasons.  1) Added diversification.. if one tenant doesn't pay, you can still cover property expenses with the other tenants 2) Shared capex... typically, one roof and one property to maintain but multiple streams of income 3) Less vacancy.. usually multi's rent for lower, for example one of mine is the sweet spot of 3 bedrooms for $1300. 

Our owner Chris Clothier has been encouraging me for years to get on BP and share my experience and knowledge and I recently took him up on it.

@Nathan Siva if it's not too sensitive, will you mind sharing what the accountant did?