Apartment building vs. Small Multi-Family for first investment

[Joshua Mark-Warren Landers]

I'm newer to RE investing and I'm looking to get the forums opinion on Apartment buildings vs Small Multi-Family.

I would say I have a larger amount of capital to start with than most beginners so I'm debating whether or not I should skip doing SFHs and SMF and go straight to Apartment buildings with 10+ units.

The reason I'm leaning towards apartments is because if I wanted to deploy all of the capital I would need to acquire nearly 10 properties and I'm questioning if it would just be more efficient to source one really solid apartment deal instead of several MFHs.

What are your thoughts?

[Benjamin Aaker]

Hi Joshua, 
I'm a big fan of multifamily investing. An important question is whether you will be self-managing or not. If so, I recommend starting small. You said you have more money than typical, so you shouldn't be needing to house-hack a small multi, so really no reason to not go bigger unless self-manage. Larger multifamily means more work and you can get bogged down in the daily management needs.
Smaller is more forgiving if you make a mistake. You said you are newer so maybe have some experience? Then go big.