You are correct about that, but that's usually a computation and decision that an investor makes after a couple single-family homes or small multis.

I have another property from a family friend that is being sold  for 150k, and the estimated value is 340k. 21 acre road front property w 3/2 bath.

I think everyone's situation is different, and when one crafts their buy box, they need to consider their current family and finances.For me, when I started, I wanted to buy 2-4 unit distressed properties in neighborhoods I wanted to live. 

Only thing I'd plan to keep would be the larger multi-family - sell the small stuff, all of it and get yourself in a better capital position. 

Your journey from managing single-family homes to co-founding Elevate Commercial Investment Group to assist passive investors is both inspiring and instructive. 

The key is to buy a distressed multi-unit or single-family home with space to rent out, rehab it to increase value, refinance to pull out equity, and then continue living in one unit while renting out the others.

Buy some single family, buy some duplexes, buy some 4plex. 

Hi everyone,I’m currently evaluating a multi-family property in St.

Traditionally I rented my apts. usually to families or roommates. 

In my family-size house, we have a drip coffee maker and a Keurig.