Although we focus on the two-flat model, you can accomplish the goal of getting started with any 2,3 or 4-flat property. A 3 or 4-flat property is a much bigger responsibility but it is much more impactful when it comes to getting a good start. The 3 or 4-unit provides more opportunity to have an additional tenant thereby providing more cash flow. Keep in mind you are challenging yourself to be more responsible but all things good require hard work.
Small rental properties don’t cost much more than single family homes either, in some cases less. So by helping someone else rent a clean, safe and affordable apartment to live in you are paid back by reducing your own housing cost.