The REO bank had loan officers at the auction and approved a $180K mortgage. 

You will need two years of your 1099 documented income to qualify for a loan as a 1099 employee, both years of taxes complete for them to formally pre-approve you most likely.You need to bank as much money as possible.

I have a few different bank accounts with multiple banks for different reasons (business partnerships, bank relationships, etc.)

No bank, agent, survey, appraisal, etc.  

We review three months worth of bank statements (with scrubbed account numbers) to verify income and their financial health as well. 

I guess I'll just follow up real quick - I did indeed just setup another mailbox, labeled them "A" and "B", and for the last 4 years I've never head any problems.Is your tenant able to change their address to unit B in other places like banks etc.

After a transformation, I import information from Stessa (it auto-injects info from banks) into a relational database, run a few queries, and then do a cross-tab query to bring it all together into a report. 

If you dont meet the reserve then the bank has the option to wait and repost the deal at a later time.

I accept advice on how to proceed, whether the best move is to ask for a loan from the bank or look for a lender or wait until I have more money.

Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.