1st Multi Family Purchase

[Larry Fullard]

Hi guys i just got Approved for 530,000 to purchase my 1st Multi Fam in the Phoenix AZ area. I'll be using the FHA loan to get it done. My lender covers Appraisal and Closing Costs. Im meeting with my Realtor who specializes in Multi Fam full time to go check some Apt out. Question, should i chase Cash Flow or Cap Gains if i had to choose? Would it be better to maximize on the opportunity for 4 units as opposed to the 2 or 3 if i'm just starting out? Do i require a CPA to thoroughly look over the financial numbers before i buy? And anything outside of a general property inspection that i should check?...... My own thoughts are; max out on 4, must cash flow cap gains are speculations not concrete like cash flow. (i don't have a lot of money to hope for cap gains i feel) Property inspection, of-course inspect the place myself. Use my agent and CPA for backup.