Also, I qualify as an accredited investor.

There is a new 20% pass through deduction you may qualify for that could help you, but not everyone qualifies.

If there are tenants that have leases you are allowed to count 70% of the lease income towards qualifying for the mortgage.

Because you are 19 years young I would consider getting as much skill as I can with the combination of saving. investing in real estate is easy.

I can qualify for the FHA loan, however, as previously stated, I am looking to utilize my first home as an investment.

Of course roles can cross but having complimentary skill sets is the best.

Again, I’m new to all of this but it’s my understanding to qualify for and FHA loan to hack I would have to physically live in that property and wouldn’t that need to be my first home loan?

Many ways to make things easyShowing apartments is one of the last things we do with prospective tenants we have them pretty well qualified by the time they get to see the apartment.

(For example say a 4 bd/2 ba turned into a duplex each having 2 bd/1 ba)I am also wondering how distressed a property must be to qualify for a 203k... does the home have to first be considered to NOT be in livable condition, or can this loan be applied to a paint and carpet rehab?

Don’t waste precious time under contract and/or miss the chance to go under contract trying to find something you may not qualify for based on your experience.