I am in no way an FHA or duplex expert, but the reason I ask this is there's a rule (I only recently found out about) called the 100 mile rule with FHA where if you aren't moving at least 100 miles away from your last residence (and you keep it as an investment) then FHA won't consider the income from your first property.

Should any of you have insight, please share!

Why do people that do not know what they are talking about post like experts?

No partners in sight right now.

@Peter Sautter Thank you for that insight. 

I was thinking of purchasing a plex and live in one unit and have the other unit's rent cover a good amount of the mortgage.I've been getting some mixed signals on buying vs renting, and hopefully some experts can share their insights on it.Some of the arguments that I've received for renting first is:I don't really know the areas in Seattle, and buying a property will lock me down in a long and big investment.

@Trenton Miller Thanks for your insight!

I appreciate your insights!

@Dave Foster, I appreciate the insight.

For example, I recently spoke with a note investor with the following initial qualifiers: NPN / SFR / Current Market Value: $50K - $250K /  2 or 3 BD / min 880 SF / County Population: min 50,000 / Low Crime RateAny feedback or insight would be appreciated.