While a popular investment strategy for many, it does take control out of your hands and puts it in the hands of someone else.

Since FHA loans are only given to owner occupant homebuyers, if you were hoping to use the FHA loan to purchase an investment property, your question becomes moot.The FHA loan guidelines are more relaxed than conventional loan guidelines; this includes less strict regulations about past bankruptcies and/or foreclosures, job requirements, use of alternative credit, and debt-to-income ratios.

The alternative is use 70% instead of 65%.

2.I’m considering the FHA 203K do you offer it or alternative products?

I was simply saying that if have to pull out a tub and don't want to re-tile the surround then re-doing the base row is a less expensive alternative.

There is an alternative that might be more your speed.

I have never filed a claim but they are popular up here for commercial, are reasonably priced, and seem pretty hands off/undemanding.

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Did you get offerred and turn down a modification as an alternative to foreclosure?

A good alternative if you have the credit is a Working Line Of Credit (WLOC) that is secured only by the investment properties when you buy them (not a Home Equity Line Of Credit - HLOC).