First rental- new or old?
We are looking at investing in our first rental. We have about $27,000 to put down which leaves our options kind of limited. Do we invest in a 3-4 unit older home with good rental history but probably needs quite a bit of maintenance (and might not attract the best quality tenants at the rental price point) or do we go with a newer duplex that is basically turn-key but doesn't have a rental history because both sides were owner-occupied?