Using 203k financing and the BRRR Method

[Mike Akerly]

I'm planning on purchasing a property with low money down in early 2019 and using 203k financing to acquire and rehab it. I will move-in during the rehab (making it my primary residence), but ultimately, my goal is to shortly thereafter take out the FHA loan with conventional financing. I've been doing the research necessary to understand the trials and tribulations pertaining to 203k, but I'm not asking about that part of the process. My question basically comes down to the "repeat" part of the BRRR Method. Is there any reason that would prevent me from repeating this process multiple times in the span of a few years? Basically I'm asking if FHA has some sort of policy I'm going to run up against that would prevent me from obtaining repeat 203k loans on residences that I've used as a primary residence, but maybe for only 9-12 months each time before refinancing and then applying for a new 203k loan on a new primary residence?