The Federal Trade Commission watches trends in reports, they don't address single reports.

One piece of advice I often repeat is that the goal of diversification is to reduce or eliminate any single point of failure.  

Quote from @Kash Tacke: Hi,I have two single family houses in Detroit currently rented out. 

It will be a single-story ranch with a full semi-finished basement. 9' walls.

I'm most interested in Single-Family or Multi-Family Homes with the intention of having Mid or Long-Term rentals (although I am not opposed to Short-Term either).

All these years later and not a single reply from anyone who knows about it! 

The other is a Single Family long term rental.

We're been mostly looking at single families, but that's because we don't have a huge network yet of others interested.

I would love to have some clarity and steering in the right direction as to the best source for FHA loan information and caveats, as well as any tips for a 22-year-old single investor planning on house hacking for my first real estate investment.

My client recently purchased a 3/2 single family house for $160k that was near turnkey and already rented at $1900/month and in a very desirable residential neighborhood!