I started to meet people back in Czech Republic and after 3 months I called John that we have a strategic partner.

They require different skills but a license (obviously) puts you in an ideal, strategic position.

It's a chess match that takes years of strategizing, making many small moves that develop and snowball after many years of right (and sometimes wrong) choices.If you can't prequalify now, plan for the future.

Using the 75% of gross income over tax return calculation method can be elected if the file is strategically put together as there are certain criteria underwriters look for to lean towards one side versus the other.

@Kevin GeraceI've done this 10 times now and try to only keep around 8 or so places for the rental income so I'm buying 1 or 2 places a year and doing the buy/sell now as I like the deals, I like to do renovations, and I'm selling places off as a strategic pace. 

What is your strategic plan to manage acquisition and renovation.

W/ no FC notice, you s/b able to wholesale prior to any foreclosure action....but the seller does need to include reinstatement/late fees in their closing estimates.If you can get a sub to arrangement, it provides more strategic options which can fatten the deal's profit margin.    

You'll likely end up paying some tax but minimizing it and putting yourself into a more conservative less leveraged position using some strategic avenues.  1.

However, if you are strategic in where/when you buy them, you can get appreciation.

As an investor with a couple strategic bird dogs, I pay more for more information.