One of the first steps in buying an investment property is determining whether or not you should purchase a multifamily building or a single family home. Forbes Real Estate Council's article, "The Great Real Estate Investment Debate: Multifamily Properties Vs. Single-Family Rentals," does an excellent job at highlighting these differences. One additional thing to be mindful of is that, often times, multi-family properties tend to produce a quicker return on investment than single family homes do.