Investing in real estate outside the state you live in

[Grant Hunter McNaugthon]

So I am currently looking to invest in my first real estate property at the end of this year. I have been planning, saving, and reading as much as I can and I think I know my plan. However, I currently work & reside in LA and have done the math as well as talked to others it does not seem "smart" to invest in property around LA nor southern California for that matter, especially if I want to house hack It ruly have no desire to live within the property I purchase I want to treat it as a business more so than anything else. I lived in AZ for a number of years and know that market very well, and its market is also promising, especially in the location i am looking at. I even have people who would rent it out immediately if I bought a property. My problem lies in that I want to do an FHA loan or possibly 203 K and I know that requires I live in the residence for one year. Is there any way around this without getting a partner or cosigner on the loan in that state? Has anyone bought property outside their state and manged to not live in it with the FHA loan or know of any other loans similar without putting 20% down on the home 7 or living within it .

Thanks guys!