FHA Loan on a single property with two duplexes?

[Conner Snodgrass]

I am interested in buying a duplex but a bit confused how the "bonus" duplex that is also on the same lot will work in regards to financing. Does anyone have any experience with this?

To further explain it looks like the first duplex is move-in ready and the "bonus" one needs a complete rehab and is uninhabitable. They are on the same tax parcel. I am not sure how FHA will view this second duplex. I did find the following statute but don't think it applies due to the "uninhabitable" condition.

So my question is, will this qualify for FHA financing? I would also be curious to know whether or not it might fit 203(k) guidelines.

Thanks for your help, happy to answer any additional questions.