Fourplex in Phoenix- First Investment

[Greg Barrett]

Hi everyone,

I am interested in purchasing a fourplex in the Phoenix (East Valley or South Scottsdale), using an FHA loan and then living in one of the units. I think this would be the best way to get my feet wet ("rent hack" + landlording experience). Deals are tough to come by in this area, I can't count on appreciation, and I don't want to downgrade my personal living environment too drastically. I feel like I'm stuck.

What are your suggestions? Should I continue to pursue a residential multi or should i just invest in a SFR? Thanks!