Looking in the Long Beach Orange County maybe Riverside, CA area.I've been reading a lot of BP post and seems like multi family homes would be the best bet going off some prices I see and house hacking tips.First time buyer so I know FHA will be the best as far as loans are concern.

That is very dangerous. 

We did  have  any systems that were dated or of concern inspected separately.  

@Brie Schmidt My concern is that I can launch my investments horizontally and acquire many sub $150K properties with good cash flow.

Of more concern than the enquires might be the percentage of your total credit outstanding.You can view your own credit profile by simply visiting the website of a bureau (i.e.

The reality is you probably won't be able to turn around and sell it for what you paid the day after you buy it but that's not really a concern if you are in it for the long haul.

Originally posted by @Danger Brown: I would suggest that you start by networking with some wholesalers in your area.

Lets list the concerns at this time.1.

But I don't see any major concerns with regards to the cash flow numbers you posted, unless there are hidden expenses (insurance, capex, deferred maintenance, management fees, etc).There is always a risk when inheriting multiple tenants. 

@Parker Cox You bring up good questions and concerns.