Interested in House Hacking but Limited Multifamily Options

[Alex Smith]

I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with roommates is out of the picture because of my family. Some alternatives that I have considered is purchasing a single-family home, living in it for a year as a primary and then moving and renting it out, or looking for a single-family home with a decent-sized basement and converting that into a unit. I know that comes with much red tape with the different zoning laws. Another option would be purchasing a single family home with the intent to rent immediately but it would take much more time to save 20% for a traditional loan. Has anyone else faced similar barriers to getting their first property? Thank you!