@Alexis Bertoldo If FIRE is your goal I like the strategy of getting a house hack of a 2-4 unit using either an FHA loan or the 5% down conventional loan. 

@William Rushton echoing what most here have said.For any primary residence loan (Conventional, FHA, or VA), you need to have the ability to occupy 1 of the units within 60 days of closing. 

I've recently put LVP in my second floor condo (on top of 3/4 wooden subfloors), CoreTEC proplus with STC in the mid-upper 50s I think. 

Looking for value add opportunities is a good play to build equity into the property so that you can refinance into a conventional loan once you hit the LTV requirements.

In your situation, I'd sure be tempted to try both above avenues before going the conventional seller's route.

@Brandon Plombon how does one find an independent agent, and will the insurance I choose be based off whether I purchased the property through a FHA loan opposed to as a conventional ?

We put 10% down and took out a conventional 30 year loan.How did you add value to the deal?

Some numbers for the house:PP: $165K10% down + closing costs: $22K (Conventional mortgage for the remaining $148K)Rehab estimate: $30KARV: $220-$230KMortgage/Taxes/Interest: $1K Rent estimate (3BD/2BA): $2,100Some of our mistakes and obstacles along the way:Our handyman was truly terrible.

You need to refinance your primary take out some cash and close it as a conventional loan. 

We were able to put it under contract before it was officially on the market though by coming forward with a conventional loan offer instead of an FHA offer.