Buying my first Multi-Family Property with FHA in San Diego

[Sid Sriram]

Hi all, I'm a 22-year old, first-time home buyer who has been wanting to get involved in rental properties for a while.

I'm looking to relocate to San Diego in a few months, and I figured this is the perfect chance to begin build my real estate portfolio. After researching different types of rentals and loans, I decided the best way was to buy a duplex or triplex with an FHA loan and live in 1 unit while renting out the other units. I'm wondering is this the best strategy for someone in my situation with not much capital for a down payment? If anyone has any better ideas I would love to hear about them.

If any investors have done something similar with an FHA loan, I'd love to hear your thoughts and any advice to get started. If any real estate agents from the area see this, I would love to get on a phone call and get some more info.