I've financed foreclosures before it just has to be in worthy condition for traditional financing.

There is no DTI when it comes to these investment specific products if you’re worried about not qualifying with traditional products, talk to a investment, focus broker who can help you we out the options and leverage with a DSCR loan

If you're planning to get another traditional mortgage for a new property in the near future, you'll want to consider the impacts your tax return/reported income will have on qualifying. 

@Gary KaneSelf-directed IRA allows you to invest in non-traditional investments such as real estate.

Anyways, Thank you @Michael Stanton and I am trying to stay a step ahead and protect myself, hence the question-Is there a way to not get bypassed if I show a potential partner this without it being under contract?  

Ok, if I understand everything I need to do correctly (from the above answers and other info), this is my plan so far:To do now:Set up a Solo 401k (with Mark, Brian, Dmitriy, or someone).Set up 6 bank accounts inside the 401k: "pre-tax", "Roth", and "after-tax" for me, and those same three for my wife also.Rollover my Traditional IRA funds to my "pre-tax" 401k account.Rollover my wife's old 401k funds to her "pre-tax" 401k account.In-plan rollover of both of our "pre-tax" 401K funds to the "Roth" 401K accounts (tax will be owed).2016 Employee contributions: Transfer $18k from my business account to my "Roth" 401K and $18k to my wife's "Roth" 401K.Also transfer a small amount from my business account to my wife's checking account as the remainder of her pay (maybe $2k).

It's a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse.

And most agents are simply terrible at understanding or discussing non-traditional purchase options.

Or are they financing using traditional products and financing the renovation out of pocket?

Where the basics are covered by passive income while you build the REI business up.