Conventional loan rules

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I'm looking at FHA vs conventional loans. I currently have enough money to buy a property, but I'd like to avoid paying higher interest rates or fees etc. I'd like to move into a duplex or a SFH. I'm curious if I could buy one of these properties with 5 percent down on a conventional loan and how long I'd have to live in the property with a conventional loan before renting? Any input is greatly appreciated.