Purchase a duplex with an adjustable rate or a single family home with a fixed rate? First time homebuyer. I could get a fixed rate in the 2% range on a single family home, where I'd need to live. I could get a variable rate starting at 4% for the first five years for a duplex, potentially owner occupied or renting both apartments out.

The 4% loan obviously costs more over the life of the loan, but is the return from renting worth it?

Curious to hear if there's costs or benefits to one or the other that I'm not aware of.