When Do FHA loans make sense for people with great credit

[Evan Haag]

Hi all! I am a new member currently in the Redondo Beach, CA area but will possibly be relocating to Cincinnati, OH or Northern Kentucky. As part of my relocation, I am interested in purchasing a multi-unit property, in which I would love in part, and rent the rest out. I'm a single guy and not high maintenance, so I don't see it being an issue. Why I would like some advice on, is if and when an FHA loan is a good idea. My credit is great and I would be able to handle 20% down on many multi-family listings I've seen in the area, but I'm wondering when using a FHA is a good business idea. Thanks!!