Fannie/Freddie loans just carry better rates and terms (in general) so we try to go for those first.Here's some bullet points on how income is calculated with Fannie/Freddie and S-Corps:W2 income – that’s easy, you probably understood that your W2 income can be added TO incomeK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added alsoAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomeAnd then they would average 2 years of these data points to come up with your "qualifying" income. 

I assumed they would have setup the insurance accordingly, but when the house fire occurred i found out that the agent didn't convert it to a landlord policy like i asked, but instead left it as is, but added personal property coverage and added appliance coverage.

Of course, they are deductible against income in the year they occurred.

Victims have discovered their email must have been monitored for weeks or months before the crime occurred.  

It was also my opportunity to note damage and be able to charge them on move out if anything new occurs.

Mortgage payments, insurance, taxes, utilities, HOA fees, etc that occurs during the Rehab period and up until the property is fully rented.This may seem like an absurdly low offer price.  

Hot area of Atlanta so selling would be pretty quick at 300k  and leasing around 2-2.2k shouldnt be too big of problem even if slow down occurs...whenever that might be.   

In either case, yes, you can buy the property from the owner Up Until the auction actually occurs.  

What recent sales have occurred in the area?

She kept all this from me, and it never occurred to me to ask.