In Milwaukee, small multifamily remains one of the most accessible paths into real estate investing. But choosing between a duplex, triplex, or fourplex is not simply about purchase price. It is about alignment. A simplified framework: Duplex • Lower purchase price • Easier management • Less rent diversification • Often easier resale flexibility Triplex • Increased income diversification • Moderate complexity • Strong middle ground Fourplex • Maximum FHA leverage • Highest rent spread • Greater management responsibility • Often more competitive to acquire The correct decision depends on: • Capital reserves • Time availability • Risk tolerance • Long-term strategy The property type matters less than whether it matches your operating capacity. If acquiring in Milwaukee this year, which would you pursue and why? A structured comparison worksheet has been added below.