You can get an investment property without a job but its an entirely new animal and usually requires a very high credit and a good chunk of capital.Typically the bank wants 6-12 months of employment history so get that job and live as lean as possible to build up your savings and research ways to boost your credit to mid 700's if possible. 

More than one substantial employer in town?

Shiloh,For me its just trading one job for the other one is your self employed the other your working as an employee. 

Another building in the neighborhood (same style & plan) is listed for $300,000.The neighborhood is near a new stadium (Atlanta Braves), several employers and shopping/restaurants, but is just outside the city proper.Thank you so much for all your advice/help!

Some would say an S-Corp because you only pay self employment tax and others would say they only use LLC's in real estate.

You need to pay attention to new construction, resale stats, employment stats, company movement in & out, crime, local politics, state laws (biz friendly?)

The only evidence they provided is an email from the employer that said the man was fired.  

You’re looking for diversity; people will leave when they lose their jobs if the entire economy in an area is centered around one or two industries.Small businesses and any kind of services will either move away or fail if the biggest employers are not hiring.

Curious to know if there are any good loan options )other than hard or private) that self employed people can use with little to no taxable income.

Curious to know if there are any good loan options (other than hard or private) that self employed people can use with little to no taxable income.