Owner occupied in duplex, want to buy another property, SF or MF?

[Patrick Jung]

Hi all,

I got my first house in Jan of 2015.  It was a duplex and I am living in one side and renting out the other.

I had a conventional loan on the current house and it required it to be owner occupied for 1 year, so I have to live here till Jan 2016 I am thinking about buying another investment property.  I'm not sure if I should get a single family or another duplex or multi family unit. 

Also, it would be nice if I could stay in my current home (don't want to move again) and not have the next house be owner occupied.. Im pretty sure that limits my financing options because if im not mistaken FHA loans have to be owner occupied.

Can anyone here living in a duplex give me some insight or advice on their experiences on their second property? What kind of property/loan? How much down?

My goal is to increase cash flow.

Thanks