First Time Investor Trying to get 2 for 1!

[Amanda Rhodes]

Hi all, 

This is my first post and I'm still relatively new to the BiggerPockets community. Would love advice on my situation:

I have found my first single family home in Baltimore near Patterson Park to house hack. I'm using an FHA loan and I'll be renting out the other rooms to roommates the first year. My offer has been accepted (yay!), we just finished home inspections and outside minor fixes it looks like we can move forward with the process of home apraisal etc. All of this is good, BUT what caught my eye is that I saw a house go on sale literally right next door to the property I'm purchasing. The purchase price is half the price of property I'm buying baisic house descriptions below:

My property: 4 bed/ 3 Bath, 2214 square feet, 1133 square foot lot,  full/complete  rennovated 

Property Next door: 3 bed/ 2 bath, 1890 square feet, No square foot lot,  light renovation 

 In my perfect world I would want to buy both of those properties that way I can live and house hack in one house and rent out the other house completely. 

I want to know if it is possible to do this with an FHA loan. Or if anyone has any strategies of how to make this happen as a first time home buyer/ new investor. All thoughts and feedback are welcome. I'm new and learning this space. I have a few good property managers that I've been introduced to by some investor connections in Baltimore. Definitely trying to see if I can make this work.

Thanks, 

Amanda