I would like to know if it is possible for a married couple to each get an FHA loan for 2 separate multifamily properties - the husband lives in one and the wife lives in the other for one year until that requirement is fulfilled. 

I am not an expert, but I have been thinking about the societal consequences of where I might choose to buy investment homes.

Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.Proverbs 11:15: Whoever puts up security for a stranger will surely suffer harm, but he who hates striking hands in pledge is secure.Proverbs 17:18: One who lacks sense gives a pledge and puts up security in the presence of his neighbor.Proverbs 22:26: Be not one of those who give pledges, who put up security for debts.These say 1) don't risk too much with loans requiring collateral and 2) don't get a loan with a sketchy dude because you're going to get caught holding the bag.Romans 13:8, too:  Owe no one anything, except to love each other, for the one who loves another has fulfilled the law.This warns against debt that incurs an outstanding obligation.

So I have fulfilled all my VA obligations on my current duplex and I am pre approved for another home purchase.

I requested that the bank make the loan assumable, and if the seller defaulted, I would assume the loan and no longer be legally required to fulfill my agreement with him.

In reality there are no perfect rules and sure Peter Thiel use the system to his advantage [and arguable broke the law because there is already a rule that prohibits stuffing your IRA with grossly under valued securities and no one seems to ask why the IRS didn't go after him for that] but is the societal cost of this happening one or two time greater than the benefit of the thousands of others who use their IRAs to invest in non public securities?

And of course, many agents will try to sell you what's in your inventory, even if it doesn't fulfil your needs because otherwise they'll work for nothing because they wouldn't get any commission.

@Orlando OsunaYou should be able to terminate early if they’re not fulfilling their end of the contract.

The only catch with FHA 203K is that you must fulfill FHA's residency condition...meaning you'll need to occupy one of the units yourself as your primary residence for at least 12 months. 

Lots of us have good connections with realtors, lenders, etc and many of us fulfill hybrid roles like that.