What is a better option using FHA

[Angel Moreno]

I live in Waukegan, IL and decent homes can go from 50k-70k. I'm 21 and have 8k in the bank and I have enough for the 3.5% DP and all other cost to purchase a home around that price range. However, If I save a little more (12k-15k) I would have enough for a multi family home(anything from duplex to fourplex) at the price range of 100k to 150k here in Waukegan. I want to move out soon and I feel that a house at 50k to 70k price range is not a bad idea as I would still be young when I finish paying it off and can use it as a rental property and have full profit. However a multi family home would generate rental income instantly but it will take me much longer to pay off and have a larger monthly payment thus making it harder to make profit. 

I'm getting a little impatient and feel like moving out of my parents house soon but is it a better idea to wait around another year to save enough for a multi or is a 50k to 70k home not a bad investment at my age?

I have the income + credit score + DP + I am about to complete two years at my Job.