FHA vs. Conventional on First Investment Property

[Thea Linkfield]

Hey BP Community! I am about to put an offer on a property, and I am trying to figure out if I should go with an FHA or Conventional Loan for my finance option. I currently do not have a mortgage, and am looking to purchase this property as a rental. It has 3 buildings on it that can be rented out, and I am considering doing one as an AirBnB. This would be my first time buying, and I am wondering if I can use the Florida First-Time Buyer Program for these intentions. Also, there is some potential issues with the property survey that show the current home's driveway on the neighbor's property. This hasn't been an issue in the past for the current Owner since it is her brother's property. Can I still receive an FHA loan with an "issue" like this? Basically, I want to make sure I get the best bang for my buck on my first investment property! Any help is greatly appreciated!