First Investment Property

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Hey guys,

I am looking to make my first RE investment in the next 6 months or so. I am currently working on a couple start up companies, but have been interested in REI for a long time and love the possibilities. I am looking into FHA loans and possibly investing in a duplex/living in one side or investing in a SFH.

What're your thoughts and advice for a first time investor looking to obtain an FHA loan and invest in property no more than $250,000 in value.