Rather use first last and security for down payment than renting

[Ayden Bourne]

Looking for some advice, my lease in my apartment is up June 18th. To move into a new apartment I would need about $8k-$10k for first, last, and security, that is about the same as I would need to put a down payment on a home with around 3% down. 

I would much rather purchase a home obviously, live in it for at least a year then rent it out when it is ready. But do I have enough time? 
I have good credit, LLC so I can adjust my salary if needed, haven't bought a home in the last 3 years or ever so I should be able to qualify for most fha/dpa/programs and loans and some grants as well.

I am 22 years old and don't have many or any resources in real estate so I don't have much help so any help would be much appreciated.