Real Estate Investing - Starting Out Slow

[James Waugh]

I am new to this forum but see that a lot of people get great value from it. 

I am interested in getting started in real estate investing, but I'm curious if my thoughts are correct. My thoughts are to purchase a duplex/multi unit property using an FHA loan and live in one side for a year, then purchase another one and live there for a year.

From my understanding, I could reduce the cost of my living while renting out the other unit(s). Then once I move out of the first property I can rent out the unit I was living in and be able to get cash flow from the property.

This seems like it may work, but like I said, I am new and am curious to see what seasoned investors think.

More information about me: I am 23 years old and have a full time job making 70k a year. I am in a good position to be able to move around a lot if necessary.