They don't appear to employ real people in their customer service dept and I don't have the patience for Bots.....2.

My CPA has given me any direction in this and discourages from employment of children..

2 years of employment history.

So instead of paying the bank for a home equity line of credit on my first home and paying them interest, I was able to use a personal loan to myself via my employer 403b and pay myself back with interest. 

There are lots of different types of renters, employers, property types.

P&L sounds like it might be for self employment income.   

If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.

Maybe I'm not communicating clearly, I am employed I was only temporarily laid off.

From there look at other factors like what is the alternative to renting at the subject property, is it close to shopping or major employment centers, parks etc..?

In the IRS Private Letter Ruling that caused people to worry about this they said they would consider it subject to self-employment taxes (schedule c) if you provide services above and beyond.