Mortgage Fraud? Or Creative financing?

[Brian R.]

I am thinking about purchasing a multifamily investment in Rochester, NY using an FHA loan so I can take advantage of the 3.5% down [possibly the 203k if it needs some improvements]

I would be doing this and living there [truly as my primary residence] and managing the place... until I finish repairing it up, which might only be a few months. Is this illegal? Or are there minimums you must live somewhere if you take an FHA loan out?

I'd love to stay out of jail. Thank you all!