Seems like a great option but as a buy and hold investor not sure how I get around the "earned income" requirement... any thoughts or resources in the RI / MA area would be greatly appreciated! 

@John Kent Good advice, I'll try my luck with some local banks in my area and see if I can get that seasoning term reduced.

Any investment earnings should also go back to the IRA. 

The primary purpose is to protect the agent from investing time with a buyer only to be cut out at the end so that the buyer can save money by negotiating that agents commission into the deal to reduce cost.

Since we have two housing authorities in Bham and neither is particularly light on its feet, investors can lose a lot to wasted time for inspections, revoked or reduced vouchers etc.

If they opt for the pro-rated rent they will pay the reduced amount for month #2 since month #1 was prepaid at lease signing.

Tenant screening is key to help reduce turnover & future repairs. 

The rents are at the high end for the area so I think the only way to increase the monthly cash flow is going to be by buying the property at a much reduced rate. 

I was successful in having one of the assessments reduced for one of my properties in the City of Rochester.  

I love my job and it provides me with the freedom I look for as well as good earning potential.I'm here as a referral from a local investor and my goal is to be completely independent from the employment system.