House Hacking Question?

[Kyle Crone]

My Dad and I both want to get into real estate to start generating passive income. My Dad has around 100k to play around with and I have saved up around 20k.

I have never purchased a home and I need a place to live, so we thought that we might team up and purchase a multi-unit complex of some sort and utilize the owner occupancy and FHA loan for a low down payment.

Is there a maximum size / units that an FHA or owner occupancy applies to?

We are both new to this and would like any advice or help. Thanks.