Intro and Questions...

[Caleb Brown]

Hey guys super excited to get more involved in BiggerPockets. I've been listening to Youtube/Podcasts but want to dive deeper. I am located in the Kansas City market which has been booming. I am 19 I got my license last year after graduating high school early. I've been helping buyers of all types and enjoy it. The investing side intrigues me the most because I can build wealth and leave a legacy. Working towards saving money along with building credit.Owning multi-family along with developing is the strategy I want to pursue. The few questions I have are...

1) The ideal property for my first investments would get a 2-4 unit and live in one unit. Is conventional or FHA the best financing? I'd be able to do 10%-20% if I went the conventional route.

2)Thoughts on property management for the first one? I'd want a property manager to manage since it'd be a lot to handle. 

3) Partnering a good idea for the first one? If I did partner what would the best way to structure it?

I'd appreciate any feedback and would love to connect with new investors :)

[Jerry Padilla]

@Caleb Brown

You will need a 2 year employment history. 

I think FHA is a great way to house hack and get started. If you are living in the property, I see no reason why you can't manage the property yourself. You rent out the units, collect the rents, and hire out the work you don't want to do or can't do. There is no need to pay someone else to do these things, when you are right there living in the property, plus it is a good experience for you.