Buying first 4 unit with an FHA loan

[Garret Anthony]

Hey All,

I wanted to get some advice on purchasing my first 4 unit property. 

I am using an FHA loan to buy a $1,475,000 property with about 50K down and I have an additional 25K to make improvements on anything else that would be needed.

The property currently has gross rents of about 10K and my monthly mortgage will be around $9100. It is within a mile of a very popular college and will be used primarily by college kids.

Any help or information would be greatly appreciated.