An FHA loan has nothing to do with being a Veteran:
What you should be concerned about is a VA loan.
The VA picks-and-chooses the eligibity of the Veterans for their loans; maybe serving now will qualify you, and maybe not. It is the same with Medals, and Medical Benefits.
All those who served in Vietnam are now qualified, but there have been a bunch of skip periods since then.
What you can do, to get ready, it to join the Navy Federal Credit Union; you will probably see info about it, when you get to your duty station.
You can also look into the GI Bill for education, and you can take ASAFI courses while you are in.
You are taking an honorable step toward one of the greatest fraternities in America; being a Veteran, and you should be proud.
The BENEFITS will come; just concentrate on one day at time right now.
Thanks for Serving... more
First things first. You need to contact a lender and start the prequalification process. They will look at income, credit score, debts, etc. Since you're talking about buying a property as an investment, you'll need to put at least 20% down.... more
More than likely not, I don't think your income is not high enough to qualify for a loan. However you may be able to do a land contract with a seller. That maybe about the only way to buy the property.
If you would like to talk about it, you can call me anytime,
Howard Hanna Real Estate