Can I use a 3.5% FHA down on this deal?

[Douglas Rice]

My daughter goes to school out of state. Tuition, room and board is very expensive. She has to live on campus this year, but next year she can move off campus. Question, if I buy a duplex or triplex can I get a 3.5% FHA multi family loan because she will be living there in one of the units? Or does she apply for the loan as owner occupied and I just co-sign because she has no income? Any expert advice on how I would structure this? I have run numbers on several MLS duplexes in the area and all the properties will cash flow as private housing fir students is way cheaper than staying on campus. She has plenty of friends to keep the rooms rented and full.