Should I take 30,000 cash and buy a single family two bedroom in Enfield Ct or should I take the 30,000 and put it towards three family in New Britain the house is not on MLS and they want 146,000.00 decent shape.

I want: Duplex/ Triplex preferred and single family homes that's around the 130-150K range (I can have a little wiggle room with the numbers).

Fannie Mae/Freddie Mac guidelines allow for 20% down on single family investment property purchases.  25% down if its a 2-4 unit investment property. 

I have no mortgage on the 3 unit building (roughly valued at $70,000, and a single family home (roughly valued at $60,000). 

Currently the price quote for a Single family vacation home in GA state  = $880/year excluding flood and earthquake. 

We have 3 single family rental homes right now, and we recently got the opportunity to buy a storage facility completely seller financed.

Once my units are at fully occupied, I want to make a move to buy a single family property that's been in my cousin's family for 18 years and convert it to a duplex. 

@Sarah Nation    Have you considered buying a single family and renting rooms?

I'm looking for a PM in the Jacksonville FL for a single family property.  

I actually have every single @#$@% property vacant at the same time.