Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

If the educator/teacher/mentor does not have any checks to who signs up, then it's more than likely just a cash grab where they're looking for students to pay. 

Made sure to check the ledger and T12 to ensure that the tenant was qualified correctly before purchasing the property.

As I studied earlier, the first thing you should do is marketing, then get a call and do a property analysis to understand if it's profitable for you, then meet with the seller and sign all the necessary papers, then if there is a debt in the bank we do a reinstatement quote, then do a title search to check if there are any hidden debts, if everything is fine we look for an investor or flipper and sign an assignment of contract with him and wait for closing to get our money.

I'll be honest this is often overlooked.

Check 4 weeks prior to your counties trustee auction date for new inventory. 

Check for transfer costs before doing so. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

A hole or two (check how many you need.) and some plastic pipe?