FHA 203K for multi or single family property

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Hello...

I plan on using a FHA 203K loan to start my real estate investing business due to lack of capital for a 20% down payment plus rehab costs. My initial plan was to purchase a 2-4 unit multi-family, live in one unit, fix-up the property, and move out at some point in the future.

Should I also consider this strategy with a single family property? In this scenario I would fix it up and live in it until enough equity is built up to refinance. I would then rent out the house and purchase another property (single or multi family) to repeat the process.

How long would I have to live in property #1 before getting out of the FHA loan and is this a viable plan to get my foot in the door?