Are you self employed ?

For self management I think this type of software is a must have! 

There are regulations you’ll need to follow, but you also have more flexibility than with multi-unit properties.

Based on my very limited understanding I would want to leverage my first time home buyer to buy at least a duplex though i would really like to get my hand into a triplex to increase the cash flow while living in 1 unit for a year (lot of tricks and tips here to not have to live in there for a full year which i would like to learn more as well) and lease out other unit(s).

My question is, to finance my first property, should I finance it under an FHA and live in one of the units for the year?

Such short term rental  will follow these criteria(see numbered list below), in order to take advantage of (1) qualifying to fill out schedule E, thus avoiding the Self-Employment tax should there be any profits. and (2) being able to offset your W2 income should there be a paper loss. 

I want it to be easy to use for guests, and allow me to set it remotely when the unit is vacant.

How is that 40 unit project going for you?

Hey @Franco Carollo 👋🏽If you're goal is to acquire rental properties for long-term growth, you should consider a house-hack with 3.5% FHA or 5% conventional financing where you can live in one unit and rent out the others and repeat as often as you can to build your portfolio.

Nothing major Mike,Just bought this commercial for pennies.Needs around $50,000 and will be a duplex.Washington Local.Easily $650pm per unit if not higher.Can't go wrong even tho it's on main road and factories close.Thanks