How do you house hack for the second property?

[Fahadbin Alam]

So I'm a bit confused: So here's the plan buy a duplex with a fha loan so 3.5% down and then live in one unit and rent out the other. Cash flow 100$ let say.

So i got that. Then a year and 1 day goes by. I want to house hack another house of course. How would I go about it?

1. Do I just save up enough money to save up for a downpayment?

2. Do I reuse the FHA loan?

3. What happens to my first property am I able to move out of it and rent it out?