Refining My Path

[Tyler Kesling]

I've been focusing on fourplexes as a first investment to spread vacancy risk but the inventory in my driving area is pretty low. I'd like to at least get something in escrow before the Spring. Would you recommend expanding my search area, wait it out, or look into duplexes in my current markets? As a new investor, a duplex gives me some pause because I'm afraid there might be long periods of vacancy where I'll have to come out of pocket to cover expenses. I don't know if that's a reasonable concern or do you just plan on "X" number of months and hold it in reserves? Thanks for any advice or guidance you can provide.