First investment property out of state

[Ariel Ortiz]

I'm planning on buying my first investment property with an FHA loan and was wondering if it's possible to purchase out of state. I live in New Jersey and want to buy a condo in Miami , and use that as an Airbnb so I can have some passive income coming in. I'd like to know if anyone has done this with a first time home buyer loan or if it's even possible any information is helpful. Thanks!