Crazy Neighbor Drama= FHA Early Exit
We purchased a townhome with the intent of living in it long term. It turned out the neighboring tenant was a raging alcoholic with mental health issues. He was blasting his music late one night and pulled a shotgun on me for asking to lower his music.
I have a young son and the living situation was unacceptable, so we didn't renew a lease with good tenants in our rental house across town.
The situation cost me good tenants and money during displacement. I had to rent the townhome out before the year requirement, but I would consider this extenuating circumstances (I have two sets of police reports).
We are much happier in our house, and my tenant has the situation handled. My issue is that I'm in a position to acquire another home through conventional but don't really know how the FHA thing comes into play. Any insight is appreciated.