. :)Generally portfolio is more liberal than Agency, so even though the above is Fannie, I'd be shocked if a portfolio lender treated military pension as self employment, that would make zero sense. 

@Andrew Olmstead I do not invest there so take this with a grain of salt, but from what I have read, Portland is one of the most liberal landlord/tenant cities I have heard of.

We came to a "ehhhhh," okay number. 60k(negotiable with seller) I felt like I hit the jackpot until...........I actually looked up the price of transforming a bedroom to a bathroom..My God.Second House: I get a call right after leaving the first site from a sweet lady over the phone.

Many times I see these investors flounder because of their liberalness with some of the numbers on these properties, but if they have a solid enough investment plan that is in line with their finances then it can still be a good deal for them.

The state is run by liberals and about bankrupt.

Those in liberal arts tend to be more social.

With the kind of risk you take, you should be able to hit the jack pot and not have the bank just yank it out from under you.

.," "incorporation" or "Corp." unless it's a corporation registered with the Secretary of State).With respect to tax implications, when holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.

All of this is of course assuming they are good deals and that I would still cash flow well after all debt servicing, fixed costs, and a liberal allowance for maintenance\repairs, capex, and vacancy. 

It's comments like yours that give people the wrong idea that they should not be liberal in asking for (and paying for) help when needed. 1 - I never said anything about needing a contractor for negotiations.2 - I was always going to pay, THAT WAS THE POINT (do you know that when you use all caps means you are yelling at people?)