I lived in the area for a bit, and saw the high AirDNA rating for the area. 

If it's your primary residence, you'll be able to keep any gains tax free if you've lived there 2 of the last 5 years.

I am looking at purchasing a property to live in for a year and then rent.

I’d house hack or live in flip if you go the primary route.

Thanks An FHA loan is 3.5% down and you need to live in the house for at least 1 year.

Quote from @Vincent Pierce: I need help deciding if I should keep my primary residence and rent it out or sell it and then move into a new one, I have already done a cash out refi of 60k if we rent it we would get 150-250/ month profit not counting cap ex and if we sold we could get 5k-20k property is worth 250-280 ARV , the property has brand new roof hvac and hardwood floors with in the last year or two we will also be using va loan to buy. ps my wife wants to sell and I want to rent it out @Vincent PierceI think you need to ask yourself, “where do I want to live?”  

I make about 120k a year and will be bringing my girlfriend in who will be paying me rent in this home as I plan on living in one of the units and renting out the other/others (she will have no ownership and understands this she's not what my question is about.).

Quote from @Yocheved Beer: Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised  value and it is for sure a 1 dscr. can I immediately buy this for  0 Dollars down If you live in it you can probably do 3.5% down. 

Or is it short lived?

As I live in San Diego I'd to start in Southern Cali, at least until I learn the business.