First Investment Property - Looking for advice

[Luis Vilar]

Hey BP! 

I am a newbie looking to buy my first property. I am located in Palm Beach County, Florida. I've been looking to buy a multifamily with the purpose of house hacking; however, prices here are through the roof. Is either that and numbers doesn't make sense or cash buyers beat me when I find something that makes sense. 

I was thinking about changing strategies and get an apartment, condo or a single family; house hack and scale up from there. 

I would like to hear some feedback and some comments. Thanks in advance!