House Hacking in SF Bay Area or investing in cash flowing markets

[Yulyana Karpava]

Hi! We live in SF Bay Area (me, my husband and 2 kids) and renting an apartment. I am thinking what would be the best approach, is house hacking possible in South Bay or East Bay? Is it a good time to buy an owner-occupied plex? is it a good time buying a primary residence in general? I am leaning towards investing for cash flow in Mid West markets for now and watch the housing prices in the Bay Area, but I am afraid I am going to lose the chance to use FHA loan if I get an investment property loan. I would love to hear some thought? Thank you!