Take a little more time to educate yourself on a few things:Market analysis: you need to do more than look at tax records or a Zillow estimate, both of which are bad toolsAnalyze rentals: 50% rule, 1% rule, 2% rule, and BP calculators.

I've been listening to biggerpockets.com podcast and I find this forum really educative especially for a real estate newcomer like myself.

Any opinions on which is better for this type of rental? 

I look forward to being an active member here on BP and meeting some awesome people, growing my education, and building the foundation of a successful, self-sustaining, difference making real estate career.

The education is there with being an agent.

Here's some advice as you work towards finding that first property.1) Keep educating yourself on rental properties.

I have to agree with Account ClosedYou probably need more financing and more education before you buy an investment property.I would also call every bank to find out what their lending terms are anyway to get  more educated.Why not a 4 unit with another bank?

If you ask 3 attorneys about TX Series LLCs, you will get 3 different opinions.

Account Closed with his educational content. 

So we have been debating a couple options,1) Buy condo/townhouse (possibly without FHA) and then buy single family residence with FHA, move into the SFR and rent the condo2) Rent apartment, then search for a multi-family to buy and house hack3) Buy single family home and delay buying a rental due to save up for down paymentI would love to hear any advice or opinions on the options listed above (or any others) as well as, purchasing a property on a short time frame, and using a FHA loan on the second property instead of the first.