Buy and Hold under LLC with FHA financing?

[Jeremy Carl]

Just a quick question that I couldn't quite find the answer to but I think I know the answer, I just want to see if anyone has heard of this being done successfully or something similar to it being done successfully. 

I live in Orlando, FL. I have a lease at an apartment complex that I really like and I still have 11 months on my lease. I want to buy a multi-family property and rent out the units to make a positive cash flow. Can I buy any form of housing (whether it be multi or SF) using FHA financing as a first time home buyer without living in the property for the first year?

Like I said, I think that the answer is "NO" but if there is something similar to that situation that someone has done, I would love to hear about it!!! 

Don't forget to tag me in your replies so I know when someone has replied to the forum. Thank you for the help!