@Chris PerrinWelcome to Bigger Pockets.

Chris does this information also include leins, owed taxes, second mortgages and other information? 

If you live down in Fayetteville then you should talk with a guy named Chris Littleton.

Thank you for your time,Chris Montgomery 

Beyond what Chris mentioned to getting a good deal to make this fourplex in Northridge area work is that with FHA you also have the self sufficiency rule and in my experience only fourplexes that have gross rents of .90% relative to the sales price or acquisition price have worked with FHA.This means your 1.7 fourplex would need to rent for .90% or $ 15,300 per month or $3825 per unit in order for your FHA financing to go through.This is mainly why I havent done many FHA 3-4 units (SS rule only applies to 3-4 units on FHA) in Orange county/Los Angeles/San Diego except back in 2010-2012 when rent to price ratios were more in line with .90%.You could often find .90% to meet the SS rule in santa ana, riverside, banning, san bernardino, ontario, maybe in the valley by victorville/apple valley/hesperia and other places where things can tend to be a bit more depressed.Nowadays even a wholesale deal in a prime market like huntington beach or hermosa beach probably wont work (fourplex is probably 1.6 -2.0 M and wholesale deal is probably 1.3-1.5M) and if it did work it would be a unicorn of sorts and you would be a very lucky individual indeed.

Agree with @Chris Mason.

Hi Chris, do you currently own your primary along with the investment property you mentioned above? 

Chris

Hey Chris.

@Chris @Chris Mason and Thomas S. thanks for the prompt response.Can you guys also comment on the income tax obligations on my side as well for either options?