Getting started with Multi Family

[Silas B.]

Hi all!

We have a single family rental out of state and now looking into a 3 or 4 plex multifamily system next. I dont have a huge budget but I see lots of multis on the market in places like Rochester, NY, and St Louis MS. I also see some in areas with very small populations which I assume would be hard to keep rented. This is going to be from out of state so a good property manager will be a must.

What are some good areas for a 3 or 4 plex?

Pros and Cons for multi family which might be helpful to someone new like me?

Any reasons why a SFH might actually be better?

Thanks in advance!