New job, relocation, 2nd property, loan qualification question

[Seth Eues]

Hello all,

First post here! Thanks in advance for reading!

I'm in the process of getting a new job which will require some relocation as it is too far away from my current location. My current property is financed with a conventional loan and we've used this as our primary residence over the past two years. The new job works a 10 hr/ day four days a week schedule and this is important because Id like to only stay at this new property (property #2) while at work (4days and 3 nights) and the remainder of my time off at property #1. I was thinking this could be an opportunity to get a duplex or fourplex and rent out the other units so that my relocation expense could be minimized and also build some equity. 

When it comes to financing the new property would it be possible to use FHA? Iv heard that sometimes a second property could be financed with FHA. Im currently a 1099 employee as well as my wife (new job will be W2) and my estimated DTI is 35% so I believe there shouldn't be any DTI issues. My main concerns are it being my second property and primary residence issues. My wife would continue to live at the primary residence throughout the week.

Looking forward to hearing your opinions!