Hi BP, long time listener first time caller. I am a graduate student at WVU in Morgantown, WV, and am looking to start investing in real estate on a very small scale (for the time being). I have read a ton of stuff on this site, and listened to almost every podcast, but at the end of the day I feel like I just need someone to tell me if my plan is downright foolish.
Ideally, I would like to use an FHA loan to buy and hold either a) a SFH to live in, with each of the remaining bedrooms rented out individually, or b) a duplex, with half of it rented out and the other half shared between myself and roommates. In either case I would need to budget for a property manager, since I lack the knowledge and skill to be able to fix much of anything. Does this seem like a reasonable proposition for Morgantown, or am I out of my mind?
If it's not a terrible idea, any recommendations for PMs and/or buyer's agents in the area would be greatly appreciated.
