I do not believe I will be able to buy anything that makes sense within OC but I do believe there are options in places like Riverside, Chino, Temecula etc... which are within 90 mins of my work (I do not travel in peak hour so that helps a lot)I am wondering if anyone on here has any experience or knowledge on whether or not I would be eligible and able to receive an FHA loan for a property such as this with my situation.

Our local military population is mostly National Guard, but last month I took the kids to an event put on by the FRG that was co-sponsored by a mortgage company that handed out goodie bags (coloring pages, candy, logo pens and travel mugs) to all the parents and kids with a flyer and business card explaining VA loans, eligibility, costs, etc.

As a beginner is that an avenue I can travel?

It takes more than money to be a continued financial success in the real estate business.The Hard Way – Start from the bottom and learn the business – study neighborhoods – attend auctions (don’t bid, just observe.Take courses – but be very selected – don’t over pay – don’t chase the Get Rich Fast programs from Fast Talking Know Nothing Promoters – most of them are trashGet in the field – drive around – farm – talk to neighbors – get listings – call FSBO’s, have agents keep you informed of trends and off market properties – train a real estate buyer’s agentLearn to make offers – but first you need to know what to make offers on, you must understand clauses and contracts – you need to know and understand every word and what that word will do for you or how it can hurt you – my clients are trained to use a contract form we call a Skinny Contract – it is a one page document – it has the address – the offer – and clauses that allow you to sandwich yourself in for an assignment fee and most importantly – full disclosures and what happens if you cannot settle – Set goals ----yep – sound silly, but it works – set a goal to look at 50 properties – My clients call this the 50 house rule – select an area – make appointments with FSBO’s and agents – keep a journal, write down everything about the property especially the cost per square foot, financials, the owner and the building – look at 50 properties – but don’t make offers – just look and study the market – A doctor will studies for years, watches others doctors slice open patients and after many years he has a chance to be a real doctor who has learned to heal people – study your potential profession and work as hard as a doctor would – expose yourself to experience – your job is to know your market better than anyone – it takes a medical student many years to reach their potential – you can earn as you learn without spending years in the process.Working the 50 house rule – don’t make offers on any of them – just keep looking.The purpose of the 50 house Rule is to know every detail about properties on the market, the expired listing market, the tax sale market, the HUD market as well as the market at the court house steps.

After teaching abroad/travelling for a few years, I'm now settling in Seattle (Lake Forest Park).

My second reason would be, I want to travel the world and help others in my time and not work for the dollar or even think about money anymore.

Straight from the mouth of a commissioner he said you cant ask what the disability is, cant ask if the animal is trained, there is no limit on what type of animal it is and he brought up an example of a duck that was denied to fly on a plane and the lawsuit against the airline for it, cant ask anything other than fora  note from their medical professional....and that can be any type of medical professional.

This is hard to do in and of itself and much harder to do if you are not planning to travel to Memphis and meet the folks who you will be calling your boots on the ground. 

I posted here about how my wife and I have been agonizing over buying a condo for ourselves in Southwest Fla for years: https://www.biggerpockets.com/forums/530/topics/32...We are close to talking ourselves out of it, mainly because we won't be able to use it that much over the next 3-4 years because our daughter is still in high school, and then we have plans to travel more and more of the world (vs hanging out in our condo) as we feel safer leaving darling daughter to her own devices. 

I wonder if that is ever included in mortgage contracts in states that it's medically acceptable since it's technically a federally backed loan and illegal on a federal level..