A lightweight all-in-one system for rent, leases, and maintenance would save a ton of time.

We ended up going way over budget and turning it into a single family residence and selling at very little profit due to loss in labor.

Quote from @Kim Li: I own a single-family rental that I plan to sell and use the proceeds (approximately $340,000) toward purchasing a duplex for about $1,000,000.

For a single-family residential property, the options outside traditional rentals are limited by zoning, but there are a few creative paths people have successfully used, like home offices for remote workers, small professional practices, or creative studios if local ordinances allow. 

Quote from @Brendan Winans: I Made My Largest Single Profit to Date: $250K in 12 Months on a FourplexEarlier this year, I closed out a value-add fourplex that generated a $250K profit in just over 12 months.

Many investors start with single-family because it’s a great way to learn the ropes, build equity, and get comfortable with the process before scaling into multi-family.

You might find a single-family in a better area than a multi at the top end of your range, which could help with long-term appreciation and tenant quality.

I do think Multifamily certainly has advantages over single family, but single family has advantages as well.

You can set up automatic rent reminders and late fee notices, plus send announcements to a single tenant or everyone at once.

As more investors move into small portfolios or commercial deals, growth management becomes critical.
What’s your go-to strategy for scaling — partnerships, refinancing, or creative funding options?