@Marcele Johnson there are two things to address here:  A 2nd FHA loan and the BRRRR method.2nd FHA Loan - now, FHA does allow you to have 2 FHA loans at once but there needs to be a reason according their own guidelines.You need to have a job transfer outside of your normal commuting area - usually 100 miles away or furtherYou need to have outgrown your current home.  

@Erin Johnson great idea for taking courses online, specially during these times where we have time available to us and we can use it to invest in our knowledge.Stay safe. 

,@Chad Johnson, and @Michael Bush for the responses!

As @Erin Johnson mentioned, the Bigger Pockets books are also good reads! 

My transfer for my current career will land me in either Chattanooga, Knoxville, Maryville, or Johnson City, TN.

I would be extremely grateful for any and all recommendations or ideas.Kind regards,Sara Johnson

@Eric Johnson I just quit pursuing that one and now I have another for over $200k.

@Bria Johnson i actually would probably rent them both out unless it works out where i can live in one of them.

@Sam Johnson, I'd be happy to get you some info - shoot me a dm when you can, thanks! 

As @Erik Whiting mentioned, transferring ownership typically results in you paying off the mortgage immediately.And as noted by @Eric Johnson, most conforming loans allow a rehab window of 3 months, but once that rehab period is over you are required to occupy the premises for at least 12 months.