The main thing you need to qualify for are the income limits.
I work alot with HUD homes and my company is a local listing broker for HUD.
You can now consider homes that don't qualify for FHA since the $8K tax credit can now be applied as a down payment. This opens the window to purchase a better deal on a home that may need a little more work. Sounds like you can handle that being a handyman!!
Let me know if you need help finding a great HUD home. We are the best in the HUD biz!!
ERA Sunrise Realty