Looking for my first multi-family

[Philip Anderson]

Hi everyone!

I am looking to find my first multi-family. I would like to know what resources people recommend to find a market that would be a good place to do that. I am also open to recommendations from seasoned pros if they are willing to share. I would like to find one soon and start the journey. I have approx 450k to start with. I have been studying CAP rates, GRM and COC. I just would like to know how to apply those and find a good market so i can learn what the local CAP rates are, etc.

I own a single family LTR and have been managing that for 7 years.  That cash flows 900 a month. I will be investing my SDIRA for this new multi-family investment.  Anyone that has experience in using a SDIRA for their investment property, I would also welcome any tips or tricks when it comes to that aspect of the investment. 

BTW, I live in CA but am looking to invest outside of CA.

Thank you!