Should we still try to pursue FHA loan "house hacks"? Or wait?

[Ellie Narie]

So we finally qualify for a mortgage this year after 2 years of self-employment... we wanted to buy our first property, a 2-4 unit place with FHA this year... but with the whole coronavirus thing, supposedly the market prices are supposed to go down... but I live in a small town, and no one here seems to want to reduce their prices as of yet... prices are pretty expensive here on the west coast. Should we just rent for now and pursue the whole FHA thing a few months from now?

Is anyone here still pursuing FHA house hacks during the coronavirus events?