FHA SF purchase - How long before you can move out and rent it?

[Spenser Murphy]

I want to purchase a SF home to rent out. A conventional won't work at the moment. BP got me thinking about creative financing strategies to start investing. I can purchase a property with a FHA loan. Obviously, I'd have to live in the property to get FHA financing. How long do you have to occupy the property before you can move out and rent it out? Thanks.