Wouldn’t put myself in either category.

I'll get some price estimates and weight out my options.

I do more cardio and less weights these days.

You can find some good YouTube videos on the types of income and expense categories to use. 

DIY Cost Seg had nice functionality for adding any improvements you made to the property by category (HVAC, Electrical, etc.).

I will continue to do research and look at the performance of different property categories, in the end I need to trust my own analysis and the data that supports it instead of generalized statements from others, even those from property managers or RE agents, or at least have them explain to me why my analysis is not correct.Thanks again for the insightful comments!

Where you find it and what category it is matters a lot less than what you do with the property once you buy it.

Generally there are three categories of multifamily investment properties – which will greatly determine your loan options.These three categories are based on the number of units at the property.2-4 Units: While these are “multifamily” properties in the sense that there are “multiple units” – you will generally have very similar options for financing to traditional residential loans on single family rentals – think the traditional 30-year fixed rate conventional option or DSCR Loans – and the coveted 20% down payment option too.

And it is for this reason why a good REI Buyers Agent is worth our weight in gold, literally, because we make sense and order out of the chaos.

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.