I've also been told not to include pics just the itemized accounting of what I deducted as required by law.

. $300 cash flow post 5% vacancy, 10% capex included, PMI deduction, water, tax, and insurance. 

I am self-employed and take out large deductions, so using returns for income verification is a problem.Do I have any options to pull out equity from these properties, or do I have to turn to hard money to fund this flip?

LOL.many in the fix and flip business though can get a nice tax deduction when buying a nice new truck they use in the business.But limiting debt to your personal resi.. 1 car for you one for spouse.. and then NO other consumer debt ever .. is a good recipe.. 

The reason I want to own a personal home vs another rental is to take advantage of tax deduction on Mortgage, property tax etc.

Even though the mortgage interest deduction gets SEVERELY reduced in my income tax bracket, I'm still ok with that amount of leverage.Also the opportunity cost of possibly buying another property with some of that down payment money.Cash to buy multiple properties will not be an issue for me.  

CPA we currently use is not an investor and hard getting them to understand all the deductions we can get.Thanks for you help!

My half of the profit is tax-free because I have accumulated $260,000 worth of Deductions since the 2008 Crash.

If you have equity you first deduct roughly 10% return on the equity before you calculate any other cash flow on the property.

There are some standards that lenders will go by with reserves, it has to be at least 10% of the budget in most cases and enough to cover an insurance deductible in the event of an emergency.