FHA has a lot of limitations when it comes to specific rehabs while FNMA HomeStyle does not. 

Im assuming there are limitations or downsides that I'm not aware of.

@Jay Hinrichs is San Diego within the city limits?  

I know for limited capital investors or limited credit investors its a tool they like.. but its really bad for a seller unless the sellers' credit is already trashed and their is no equity and they were walking anyway.. and its a purchase money 1st were no deficiency judgment could be obtained by the lender

If you are gifting to you mom and dad, you can gift each of them $28k for a total of $56k without filing any forms.If you go over the $14k limit per person, you file a gift tax form.

As a professional athlete you have a limited amount of time to be working on projects, yet may have more time in the off season.3.

I doubt we could afford to buy back into the market, so that's off-limits.  

It is rial in the sense that it is out side of city limits and has a well and septic although they just ran city water on the street.

@Gabriel Delgado You are already in the highest paying field in the world, SALES now add real estate, and biggerpockets, sky's the limit.

As they change over time, it used to be 4 but now it appears they have raised the limit.