My current income is low -- too low to qualify for a mortgage of any kind - due to health issues I've been dealing with for the last few years.

It may be a month or two due to some family health issues (no worries....GOOD health issues) but I'm not going away and I like the details you outlined for me.

How could the fathers health care cost affect a LC pro or con?

Another thing to consider is what his financial health will be taking a $1000 hit on each job.

I also wanted to add in my area many banks board of directors from failed banks that the FDIC took over are now being sued for damages.The FDIC says they were given a compliance letter that there ratios were out of whack and they needed to change loan practices immediately to protect the health of the bank and shareholders.The FDIC contends they ignored their responses and are now suing them for negligence.Will have to wait and see how these cases proceed in court.Now you know why many banks won't touch non-vanilla stuff.

This means understanding the financial health and the level of reserves of the HOA you're joining.

In your case, you may find a property that is 20% below market or one that is only 12% below market, your buyer gets a deal but your commission will vary immensely.

The tenant had some mental health issues so we created a team approach.

Thanks for your input, it is immensely helpful.

There are a couple Homevestor (We Buy Ugly Houses) franchises that get deals in our area as well that they wholesale.It can be a difficult market for wholesaling, however, because of the immense amount of new construction inventory, the high LTVs that come with the VA loan and mean that homeowners don't have equity, and a buyer friendly market that means most of the transaction costs fall on the seller.It's a pretty solid rental market, though, and finding properties to wholesale to buy-and-hold type investors is probably a route you could explore.