200k pre approval, 200k cash. 1st property. What’s your strategy?

[Austin Shrigley]

Hi everyone! I’m searching for my first property. I have been traveling for a few years and name now looking for a home, so ideally this is a house hacking scenario where I can add some forced appreciation (preferably in the PNW, FL, or other places close to nature). 

I have been approved for a 200k FHA loan, and I also am blessed to have access to around 200k in a family trust that I can withdraw for a home purchase. I'm hoping some more experienced RE investors can chime in with some guidance... I have around 30k available for a down payment. When would it be smarter to withdraw from the trust (stocks) and when would be a better scenario to leverage the low down of an FHA loan?

My goal is to own a cash flowing real estate property in a vacation rental market where I can also live in / attached while the house is being rented as a STR, while adding some forced appreciation over the first year or two and then upgrade / acquire a new property(s). I do not have major roots anywhere so I'm open to living in many different markets.

Are there agents that deal specifically with vacation rentals like this? I’m ready to play ball!

Thank you so much for your time.