Rural areas (interpreted VERY loosely) are eligible, where areas with more population density are not.This link will take you to a map where you can enter the address to determine eligibility.  

We thought it's another gutter downspout that had come loose (we had fixed a few already), but nope... it was a stop sign that had lost it's lower bolt and about to loose the upper one. 

I have seen countless investors make it & loose it.

Paying for luxury finishes in a blue collar neighborhood is a recipe for disaster and you'll loose your shirt in the process.

The leaps and bounds it made since I lived there to even 2011 were impressive.

It's too late for this install but if you are re-tiling the same space with a tile that is less than 3/8" thick and the existing tile is reasonably level, you can use a product called muscle bound (Lowes) or simple mat(Home depot) instead of thinset and tile right over the old tile.

I feel like I am loosing lot of money.Currently condo market is still down and similar properties in the area are getting sold for around $750K.

You need to make sure they get all of the loose concrete off and then skim coat.  

Since the loan and deed are entirely in my name, can my wife also qualify for an FHA loan now that we are married, or are we bound to the "one FHA loan" rule?

@Janette Olano  Janette I think you would be best off not putting your buseinss model on the internet for regulators to see. what your doing is simply not allowed.. your RE agent will loose their ability to bid on hud homes  at least that's what I think I could be wrong  @Greg H. is the real expert at these.I fund a bunch of them. but we close them all in the original name of the contract no monkey business.