I have had plenty of good rentals, but please consider how things can go out of control and consume your life and money. 

Next, I read @Scott Trench - Set For Life, it really intrigued me even more about the benefits of house hacking a multi family property.

Find a good inspector that is trusted by professionals in your area and get a good pulse on the effective life of your big ticket items (Roof, HVAC, HW heater, etc.) and calculate out how much each will cost to replace, then do the math backwards for what you need to put aside for CAPex and maintenance. 

With FHA loans, the mortgage insurance is higher and will remain for the life of the loan.If you are married, best route for your plan would be to use a HomePossible, then FHA, then have your spouse do a HomePossible, then FHA.

To make everyone's life easier I definitely feel as if investing in the lines is the right thing to do.

Go on the bcbs or human website and get a quote like auto insurance and anticipate a 2 to 5% increase every year.

Just ask for them to put a ceiling on how much the loan can adjust for the life of the loan and how much it can jump each adjustment. 

This is my first step just gaining as much knowledge as humanly possible I have saved up about 40,000 and have access to VA home loans just trying to figure out what strategy is the best to start so I can direct my focus on that any insight or opinion Is greatly appreciated.

I am new to real estate myself, but it has been in my family and around me all my life.

I could't think of it for the life of me.