Both are jobs that take time and emotional energy.Beginning both at once, one you are trained in and one you're (learning on your own dime for better or worse) is a big bite.If I were you, I'd buy into a facility with others as Jay recommended, which will add to your net worth and be likely to benefit you long term, and in the mean time stack up liquid cash, as much as you can, and study this business.Or if you want, just go for it and move forward with ether multi-family or single family knowing it's not as time free or risk free as many make it seem.

Thrya,Congrats, let me know if you need any assistance for the accounting aspect.First, put each property in its own LLC and open a bank account for each LLC.You do not need to create an LLC for Property Management, you can, but it's not necessary.You need to make sure you have the proper Chart of Accounts such as Assets, Liability, CapEx, OpEx, G&A Exp, and Equity.Chances are you will be putting the majority of the expenses under CapEx since you're renovating, once it becomes rental, the expenses will be OpEx.

I'm working full time as an Assistant Store Manager in retail and looking to earn a promotion within this year.         

He strongly recommends using a virtual assistant. 

Thanks to all that assisted me

I would like to rent the other unit to someone who operates an assisted living facility.3 Bedroom2 Bathroom 2 floors Where do I go to find assisted living facility operators, who are looking for a place to lease.

Do you have virtual team members that assist you or your team on the ground where you are. 

We have multiple investment properties, both single family and multi-unit, so I hope I can be of some assistance.  

I have also gotten my license and have gone through the hoops of mortgage financing, so any assistance feel free to ask.

Our biggest problem with an individual PM was when the PM had personal issues -- family problems, illness, to a lesser extent, vacations  -- while I know it is insensitive to say so, our properties were quickly bottom of priority list (likely rightly so when someone is dealing with a severe family illness), but their assistants could not send payment, only the licensed PM can handle funds, so I did not get payment for quite a while even though the tenants were paying rents on time.