I’ve been leaning toward a duplex or triplex for the multiple income streams, but you make a solid point about single-families in better areas offering stronger appreciation and possibly fewer management headaches.Since I’ll likely be investing out of state, my biggest challenge (and honestly my hesitation) is finding a trustworthy property manager and building a reliable local team before I buy.

Quote from @Charles Kennedy: What’s the biggest lesson you learned from your first note deal (good or bad)?

Let’s help new investors sidestep the same challenges.

PM will take a long time to save money as it's not a high paying gig, wholesale requires a lot of upfront time and effort and you likely wont see the yield for 6+ months, the market is too challenging right now for flip imho.

The price reflects it's biggest con - its on Colorado blvd.

If you look at long time, high post, non real estate agent posts I see many posts that discuss the current RE market being challenging, RE being a long play, the challenges of low cost OOS markets, etc.  

Ignore him as he knows nothing of Sacramento RE.Here is a challenge for @Luka Milicevic.  

Some investors are scaling from one flip a year to multiple projects.I’m curious — what’s been the biggest challenge for you in scaling your flip operations?

Basements around here can have radon/moisture/egress challenges, so I’d test and mitigate as needed before ever housing a tenant - now or after I move out. 

Your CPA is likely concerned about the Personal Use Limitation, which is the biggest threat to the STR tax strategy.If you used the property for personal purposes for the greater of 14 days or 10% of the total days rented during the year, the IRS classifies it as a "residence."