FHA loans require living in the home as your primary residence for 1 year after purchase.

I enjoy college football, video games, and lifting weights. 

Quote from @Tyler Kesling: I have a goal of purchasing my first property July 2025.

I purchased a PreREO deal from them about 4-5 months ago. 

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes. 

Purchase price: $185,000 Cash invested: $5,000 Sale price: $220,000 Occupied by my in-laws.

So I want purchase it as my first rental property it's going to need rennovations for sure not terrible shape just older rancher home.

@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.

(IF you purchased and lived in property asap, then rented it out, then returned to it it sell it years later - better plan.