I’m sure a lot of you know the market is booming here and it has been difficult to decide which route I should take that would make financial sense and put me in a good spot to build my portfolio moving forward.Here are the current options I’m considering: • Option 1 House Hack: Purchase a multi-family, live in one and rent out the others.

I suggest you just move on.

As such, I would be a little concerned about who will be your buyer if/when you outgrow your space or decide to move locations.Who is running the owner association?  

Then the idea would be for us to move there in 3-5 years into that property.

So, you would then move into the property that you are using the FHA loan with.  

Looking forward to learning more about RE and soaking up some knowledge on here.Thanks for your input and responses,JesseHi Jesse, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

While the other friends/tenants have agreed to share responsibility, I'm concerned that once they're actually accountable, they may opt to drop the lease and, ideally, move out.

Unlicensed contractor agreed to do work, then moved his family in and never did the agreed upon work.

they screen the tenant for income eligibility and require a physical inspection of the property before tenant moves in and on a yearly basis for renewals. 

Don't cross those roles with each other.Keep investing and moving forward!