Trailer Hacking with an FHA Loan

[Parker Dean Gilow]

Hello, my name is Parker Gilow and I am an 18-year-old student at Texas A&M University. I have decided to take the big step early and get started with my real estate investing career. While reading "The House Hacking Strategy" by Craig Curelop, I came across the idea of trailer hacking and had a question.

If I use an FHA loan to purchase a property, can I legally live in an RV or camper near/outside the property, or does the government consider this mortgage fraud for not actually living IN the house? I've heard it's not so fun to deal with mortgage fraud, but is there a high chance I get penalized for this?

Also, if there's anyone reading this in the College Station/Bryan area and is interested in getting together one day, I would love to meet up and soak up all the information I can!