Are there any other type of loans as good as a FHA or would the best bet be a conventional loan?

I have HM options For flips and conventional financing if you decide to hold.

This allows you to utilize 5% down conventional financing and save FHA for when you have a bigger wallet. 

I was able to secure a conventional loan with a great rate, super low PMI, and even received a sellers credit in a market with historically low inventory.

Conventional and nonconventional loans?

If you are using conventional financing or any other type no

Depending on the property type, status and type of borrower you are, the down payment requirements might be much higher than conventional rental property financing.2) Terms may include balloon payments and prepayment penalties.

@Blake McFarlane if FHA is tough to obtain try low money down conventional mortgage.  

I understand I may not have the same borrower protection rights as I would if the mortgage was a conventional loan, and I'm not going to have my bank put a stop or hold on the payment, I just thought it was strange.

We actually used conventional not FHA.