My income also fluctuates so I can completely appreciate your question!

The short term market fluctuates, but long term, holding real estate is very, very rarely a bad play.As a renovator myself, I always try to hold instead of sell, that is why I prefer the term renovator, not flipper.

You might also want to have a contingency plan for managing rate increases or fluctuations in your rental income.If you'd like to discuss this further or explore other options that might fit your strategy better, feel free to reach out.

However, I'm not very sure what the lien amount should be given my remodel costs could fluctuate quite a bit. 

I always try to use NNN when possible since it provides the most financial advantages for the owner and protects them from fluctuations in taxes and property insurance (which is a huge protection here in Texas). 

.📈 Market Flexibility: Real estate markets can fluctuate, but with the right strategy, flipping can be profitable even in a down market.👥 Network Building: Meet contractors, real estate agents, and other investors.

I would rather keep my money in a high-yield saving account and get 5 percent annually than be stressed by the stock market fluctuation. 

You're response may be that markets fluctuate and budgeting is difficult and that is true but that is literally the job of sponsors so they should be better forecasters than that if they're accepting equity from investors.

We quote based on the estimated FICO score you provide so if done right with accurately submitted numbers (property income, expenses, taxes) then the actual credit pull on loan app is the only way a rate would differ from the quote and term that is rate locked for underwriting or if the loan app is submitted in a large enough time window in which rates could have changed (we're in a dynamic rate environment so by the day and the week rates fluctuate). 

My issue is I have almost 60k in student loan debt, and my income fluctuates wildly between 22k-35k (most of which goes to my rent).I'm feeling very discouraged that this can even be possible to purchase a home in my lifetime with my income being so low.