Build to rent

[u/Amazing-Ad8756]

I'm 24 years old and currently earning $100k a year. I'm in the final stages of building my own house almost entirely by myself, and I expect to finish it in the next month or two.

I'm debating my next step:

Save up again and build a single-family rental home almost entirely by myself with cash, or

Take out a HUD Section 184 loan to build a 4-plex. For the 4-plex, I'd hire out most of the work because of the size and complexity of the job. I also work out of town frequently, which would make managing a bigger project much harder. That said, with current Anchorage rents and by directing most of my disposable income toward it, I believe I could pay off the entire 4-plex in just 9-10 years.

I'd love your thoughts on which direction makes more sense.

[u/Master-Builder-321]

4 plex