Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.

The only exception to this is if life circumstances happen and you CAN'T.

I bought on in about 85 in Northern CA .. and circumstances were a lot like this..

This is too important and also sort of a personal question depending on your state and specific circumstance and I suspect not a one size fits all answer would suffice. 

I'm Renee Machat from Atlanta, passionate about real estate investing although I'm new and just started with the WREIN (women's real estate investment network) end of September.

Personally, I don't mix men and women tenants but I know some people do.

I would assume these can get the ball rolling very quickly due to the circumstances.

I am a fellow house hacker and think it's the best way to get into the game if your circumstances allow it!

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

Just another factor to consider - if you want to keep your monthly payments the same, do not under any circumstance swap the debt over to some other debt instrument.