House Hacking Question

[Kent Okamura]

Hi everyone.

I have a question about house hacking. I am new to real estate investing so I apologize if this question is a little strange. I am thinking of house hacking and through my research, I've decided that going for an FHA loan with a lower down payment might be the best option. I am aware that this is an owner-occupied loan so I must live in my dwelling unit for at least the 1st year. But is it a requirement for me to physically reside in my dwelling unit? Or am I simply not allowed to rent my personal unit for the 1st year? I can live with my parents so I want to turn this property into a full rental unit after the 1st year. Any advice would be greatly appreciated.

Thank you