Advice on First purchase

[Ryan Spishak]

Hi everyone! My name is Ryan I'm 31 and buying my first multifamily unit to owner occupy. I found a property after much looking and I'm getting ready to pull the trigger, but the number aren't as great as most of you look for in a investment opportunity. I know i only get one 3.5% FHA "bullet" so to speak and I wanted to take advantage of it for my first property. Ok so I'm looking at a 4 unit $3,200/mo for 375K, nice neighborhood. 3 units in main house and separate building with 2 bd that I would occupy. I'm i blinding myself to the fact that this could be a bad deal, because its close to work and i like the property? I found another property within 30 minutes of work that is only 95k for $1,600/mo for a 2 unit. Those numbers work out alot better but it isnt in a great area (Dundalk, MD).

I work in catonsville, MD and I'm looking to stay close to work. 

I am open to any advice or criticism!