Debra, there are a lot of pros and cons on FHA vs conventional loans.
Please check out the following link to get more information that will help you.
If you are an investor or need help with the financing, FHA could be a good choice...especially the 203B program for rehab work that is needed.
If you need help finding a good loan officer, email me direct at email@example.com for names of folks that can help you...or, just start making some calls to mortage companies and finding someone you are comfortable working with.
Here is the linkl -
Tom Hinz www.shortsaletosell.com