One advantage of having the smaller properties and diversifying your inventory is that you will even out your cash flow over the months. larger properties tend to do very well over a more limited time period, while the smaller ones are more spread out.

I am not sure if you are an American Football fan, but the term that comes to mind is when the punter kicks the ball "too well" and allows the return team time to set up a solid return.

Illyas,You should reach out to @Lucia Rushton she is a Great agent in DFW and can set you up with some 2-4 unit options.

It also allows you to set a percentage differential for pricing between platforms. 

From this site, it looks small LLC does not need to file sate tax:https://www.dos.pa.gov/BusinessCharities/Business/Resources/Pages/Foreign-Limited-Liability-Partnership.aspx"Under the U.S.

Now I don't know if you are a believer in the tomfoollery of these asset protection gurus who have you set up multiple LLC's but, however, that theory of keeping everything in separate vaults does not work with getting a NonQM bank statement loan for example which could be used as income.You live in the property- owner occupancy also limits you from many commercial or DSCR type loans.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

MFH are more costly and  in most markets scarce, and can be harder to sell because of the limited buyer pool.

I would suggest if you have put your mind to it, enhance your skill set and learn the rules of the road and try small.

Mutli family along the coast is limited, expect to invest $100-125k per unit for a 1/1 and $200-275k per unit for larger 2/2 or 3/2 units.