Updating your lease should be high priority, be detailed and review it with your real estate attorney.

Before coordinating the updates (new countertops, partial new flooring, paint, and a bathroom shower repair and replacement), she did not communicate a fee for her time. 

. * get a 4 plex as residential, live and update for a year, and move back to the single family house/rent all 4 units out. 

August 2021 statistics have been released for the Central Texas Housing market. There was a notable decrease this month for the City of Austin and a slight decrease for the area overall.
The The City of Austin saw...

I generally do like to have properties that are updated and rent for top dollar.

I think if you furnish the property well and it’s updated with new appliances and color, you could hit $120 to $130 ADR and 60% to 65% occupancy.

I will be rehabbing that unit with mostly cosmetic updates.

SFH Pros:-Great "free" leverage-Less risk-Househack (rent out or airbnb rooms)Cons:-Can't completely rent it out because it has to be owner-occupied-Slow cashflow/returnDuplex Pros:-True investment property-Can force appreciation by updating interiorCons:-Tenant recently signed a 2 year lease until mid-2022 that is below market rent-Old home, it has good bones but general contracting labor is expensive since they are in high-demandThank you in advance!

I'm sure I'll learn something along the way, and will update this thread once more is known.    

Keep us updated @Chance B.