I want to get started on my first real estate deal.
Im looking to purchase a property and rent it out for the time being and maybe sell it later after the market goes up, but not sure yet.
All I realy know is that I want to rent the property and have the rental income at least cover the PITI and if possible a positive cash flow.
Is it possible to rent out single family homes and still acheive this goal, or would I be better off purchasing a multi unit dwelling instead and if so where are some good places to look for multi dwelling units because it seems to be hard to find them.
I think Im leaning towards the single family houses more so because there are some good deals out their and can sell for profit at a later date.
insight, feedback, comments pls.