Buying rental property with the money I inherited.

Hi All,

First post, here goes...I've been fortunate enough to inherit some money, to the tune of 200k. I have a well paying job and can continue to live just based on that, but we watch every penny and don't live above our means and currently have 6 months reserve in savings. Currently own a condo with my wife and 2 kids. 35 years old, no debt, except for the house. Looking into buying a rental unit (3/4 plex) to create an extra income stream and wanted to know if it would be better to purchase a unit in full to minimize risk and grow my asset portfolio slowly, or purchase a 8-12 unit complex and take on a bigger risk, but reap a bigger reward. Thanks.