Best Market for tri/four-plex with FHA loan

[Radhika Paliwal]

Hi Everyone,

I recently got a promotion at work that allows me to live remotely in any part of the country. I wanted to make the most of this opportunity and invest in real estate. So far, I have 1 turn key investment property but I've been living on rent but my lease just ended. With the flexibility, I'm wondering if any of you have any guidance on the best markets for duplex, triplex, and quadplexes so that I can live in one of the units and rent out the others to long term tenants. I'm hoping to use the house hacking strategy and put down 3.5% down using the FHA loan. Ideally I'd love to have a great cash flowing triplex or quadplex property in the $200k-$450k range. Looking for advice on what markets to look into!

Thank you and greatly appreciated!