I am looking to purchase a multi family in Dallas.

I am an out of state investor of multi family living in CA.

@Andrew Nissen thanks bud I'll check them out @Andriy Boychuk those videos you recommended are really good thanks man

I think this is twofold, one because the prices have been driven very high (and I'm late to the party) and the FHA payments usually are also higher (including insurance, etc.), and two because it's difficult to get the FHA loan on a property that is 70-80% and needs repairs, so nothing from my current wholesaler contacts would work. 

Multi-Family Millions by Dave Lindahl is pretty good in that regard.

Just out of curiosity, why are you all targeting a house with a lot of rooms instead of a multi-unit house.

We are now at the point we'd like to move into small multi-family.  

I'm toying with the idea of doing the fixes/upgrades and sell it in the spring to find a multi-family to live in while renting out the other units. 

Hey so I'm pursuing my first deal on a multi-family unit in Columbus, Ohio.  

I ask because I plan to purchase a Multi-Family within a couple of months also.