Multifamily is much easier to cash flow thoughBe very careful, one bump in this economy and you will be in trouble real fast. 

@Ben FederIn today's economy, I look for a 4-6% cash on cash return on my Investment.

The economy of scale was very appealing to me...I wanted to maximize my ROI for my first investment, while still making a rather "safe" investment.

Hi Ather, Your comment about San Fancisco's micro economy is an accurate statement.

More units in one place help with economies of scale a lot and will keep your travel budget down as well!

Daily rentals are too seasonal and will be one of the first to go down if the economy ever doesI tend to know what I comment because I was a licensed real estate broker in Texas (around Dallas) for about 30 years and a construction manager for about 30 years too.

I have an architectural background and love analyzing data sets about the market, economy and real estate.

However, we're in a very unusual time where rates are artificially low and will likely remain that way until the overall economy collapses because even the slightest rate increase seems to show how weak our economy truly is. 

Thinking about a heloc loan just because of options, term and keeping cash option on hand if economy turns next year.

Ideally where we can recoup our cash after rehab and see some positive cash flow.We have researched Cornwall, the economy & tenant quality seems it may be possible unfavorable?