If you're talking about being near state parks, I'd just be careful about being too rural because you'll have difficulty finding the necessary partners to run the property for you.

This can change the ease or difficulty of getting the loan.

If we have an FHA loan already, does this make obtaining a conventional loan more difficult? Is

Is anyone experiencing the same difficulty, and how have you gotten around it?  

You are right about the difficulty of finding a good property.

Thanks for the nugget on the difficulty of multi family in the burbs as well.

Most partnerships will have issues at some point (and often that point is sooner than you'd think), and if starting a real estate investing business isn't hard enough, adding in the extra difficulty of working with a partner will only make it tougher.Many new investors think, "I need someone to keep me motivated and accountable." 

I'm sure a small local bank could get this done for you without much difficulty.  

The difficulties are those with verbal lease or dated lease.

These regulations include rent control, cannot distinguish source of income, difficulty doing evictions, etc.