FHA Loans and how to use them, are there any, "catches"?

[David Smith]

I'm currently in the military and will be PCSing (moving) within the next 2-3 months, I already have bought a house at my current duty assignment and wish to keep it as a rental property. I used a VA loan to finance it, I'm now looking into using a FHA loan due to lower money down and the ability make repair on a home. I am wondering if there are any decrepancies or things I should know before I try and get one. I know with a VA loan there were some "catches" to the loan itself. I want to save myself from having a headache later, as well as with a FHA loan what are the limits? Are repairs only limited to the home itself? what about a detached garage? A pool? All advice and answers are appreciated and welcome. Thank You