Finally Pre-Approved FHA! what's next; Live or Passive Income??

[Geoffrey Murphy]

Hey Bp,

After receiving advice from many of you on BP, I have finally taken the steps
To becoming pre-approved for a multi-family FHA loan! This has been a long process, but I had to put my head down and push ahead, so I kind of been inactive on the site for a while.

I first and foremost want to thank all of you guys (Jon K, John H, Rich, James, Steve) to name a few. Sorry if I left your name out! You guys gave me all honest, on the money info, and I have finally jumped the first hurdle and now I am pre-approved.

With that being said, I m kind of stuck. Should I purchase a home that I would want to live in? Of course I have to, but I'm only 21 so after a year or how ever long I have to live there to meet the requirements I will do so and them move out. Or should I pick up something up for passive income?

I'm stuck because should I get the home in a great neighborhood that I would "live" in or should I just pick up a rental with the intentions of renting it out, and moving on to the next one? Any suggestions guys on the best path to financial freedom?

Geoff