multi family home

[Jorge Campos]

hello my name is jorge campos and i'm here to learn everything you guys have to offer. I appreciated that you guys are here and taking your time to share your knowledge with new investors like myself. I will tell you guys a little bit about what i was planning to do and what i plan to do now and i would really really appreciated any feed back you guys can give me. What i planning to do was fix and flip but i found out really quickly its not easy to raise the capital for my project. I know its takes skills using OPM skills that i dont have yet. I not giving up. My plan now is buy a multi-family home using a FHA loan since I'm a first time home buyer. I plan to do this because i want cash flow coming in that way my income can increase a bit and lenders might feel more comfortable knowing i have a piece of asset. my question are what should be looking for when buying a multi-family home? how can i determine if i charging the right rate for rent? Do you guys think my plan makes sense? Any advise you guys can give me i will appreciated a lot thanks for reading all this and im exicted to hear from you guys :)