New Investor Looking For A Fourplex

[Jian Feng]

I've been checking the Multifamily home lately in Sacramento. I'm aiming to get a fourplex for around 650k. I am planning to put 20% down and occupying the fourplex. Based on my rough estimation, it seems like I can almost live for free there with no cashflow or very low negative cash flow. With the high appreciation rate in California homes, I am very comfortable taking the risk. Do you think is bit too much for a new landlord to take on 4 units? I do have a 40 hours job. I was originally thinking about getting a Duplex, because I feel a lot more comfortable managing just 2 units. However, the fourplex's numbers just look a lot better. 

Would it difficult to find a good property manager in Sacramento to take care of the 4 units instead of me? I may not be staying in Sacramento for more than a few years. If I can outsource the work to the property manager, that will be a plus.