If this is for your primary house and YOU will see your money back in 7 years (max), they yes. 

The property must be your primary residenceSingle Family, condo, or 2-4 Unit3% Minimum Down PaymentBelow is a comparison of Conventional vs FHA.Both are assuming no point loans.Conventional LoanLoan Amount $450,000Rate 4.5%Term 30 Year FixedPayment $2,280.08 – Principal & InterestPMI $172.50Total Payment $2,452.58FHA LoanLoan Amount $457,875Rate 4.125%Term 30 Year FixedPayment $2,219.09 – Principal & InterestPMI $316.08Total Payment $2,535.17 You may want to look into this loan product.

I have  primary residence where I deduct the property tax,etc.

Just bought my first rental property a couple months ago but I have owned my primary home and worked here for 5 years.

The primary key to success in investing is discipline.

We live in Denton, invest only in Denton County, currently have 3 rentals within the Denton, Corinth city limits in addition to our primary residence in Denton.

This is obviously not realistic, especially if it’s not your primary residence and/or you own multiple properties.

Little tip to finding proper owners... a lot of owners own the property in an LLC but then use their primary address for having the tax bill mailed to.  

There are days I have to work late, stay all day and the various Navy related duties but like I mentioned earlier would like experience/exposure while helping out/not being a burden.My wife and I have two rental properties and our primary residence so I'm not completely new to the world of real estate but when it comes to investing I'd consider myself a newbie.

The end goal would be to have this be our primary / only source of income.1.