Hi Elsa, as Realtors we cannot answer this kind of question, as a pro or con answers may be perceived as steering which by law we are not allowed to do. The best way for you to find out, is in various different ways:
Go on the internet and go to the Florence city website, check out the police blotter, talk to neighbors around a home you may be interested to buy, drive through the neighborhood during the week and the weekends it will give you a good idea if that is the right neighborhood for you, you will this way find out about where parks, libraries are, shops and public transportation, restaurants etc.
All that may be important to you once you start living in a certain area / neighborhood.
Hope this helps!... more
An FHA loan is not a conventional mortgage. It only requires 3.5% down payment. And you can purchase anything from a single family to a four family home with an FHA loan. I think your plan is a sound one. I would be happy to refer you to the mortgage person I work with. He's really phenomenal and he will be able to answer all your questions as to debt to incomme ratio and so on. Just email e at email@example.com and I will be glad to introduce you. I wish you were looking in North Jersey, I'd be more than happy to help you myself!... more