So my first question is should i use my FHA loan to acquire my first property  (a duplex)  (live there for one year) and then move out and rent the half i lived in?

So my first question is should i use my FHA loan to acquire my first property (a duplex) (live there for one year) and then move out and rent the half i lived in?

As in: I move out, and you pay me for that.

If you don't plan for these, that 20% investment could start looking a lot more like a 2% investment once some expenses start coming your way.Just be sure to do all your research before jumping in.

The best path forward would be to determine what you would ideally achieve through real estate investing, and then dig into what opportunities best achieve that.Aapke saat, aapke liye 

However, the challenge is that properties in NY are ridiculously expensive and the more affordable houses are the ones that are secluded in areas I am not sure people would want to live in.

We are very disappointed because it has just been one month since we moved in. 

The other thing to factor in is selling expense.

Or, for some free advice, first ask a foreclosure company.Depending upon the type of hard-asses they are and how enforceable this document is, they might tell you to hire security instead of moving in.

Most of my interest in wholesaling comes from the constraints of my contractor, scheduling the work, carrying costs, and other opportunities to invest in.