First deal with 150-250k

[Travis M.]

Hi guys, I am looking to make my first investment but I am overseas, ive been working and saving everything I have so I can have some freedom to do what I want when I get back to the US. I have between 150-250k to spend and I really do not want to mess up with my first investment.

1. Any advice on which type of property I should look at (small muliti unit or large)

2. Should I wait until I get back to the US to start? (next summer, but something about waiting is killing me, as I am eager to start)

3. Also targeting the FHA loan but I understand there may be a maximum loan size for this, any experience with exceeding their maximum?