Some lenders may verify, with no income verification, but with a higher interest rate, but this is something I need to do more research on and very much welcome any suggestions on any reputable companies I could work with.On that note, I am roughly familiar with a federally insured Title 1 loan that would even be applicable to properties one does not own!

I know in our area here.. most realtors simply are not going to work with contracts that don't have POF's  they have trained their sellers that its a waste of time to work with any contract that does not have POF>and not just mail order internet POFs must be from local reputable lender that they can verify..

Assuming everyone who is living there to be on the agreement, but that leads to the next question.How do you verify income? 

This person should be in a position to verify what is and what isn't being done and provide photo or video documentation. 

I'll verify whether or not I pay PMI on the FHA (shameful I don't already know), and make a decision on whether or not to refi to conventional.You made a good point regarding the margin as providing a safety net AND the fact that it will likely cash flow. 

OC has a better ROI for financed buy n hold than Vegas on every duration more than 2 years (verifiable fact: look it up).  

I have been presented an opportunity to JV for 1 year with an experienced real estate investor with verifiable references and a proven track record.

Part of this is also seeing plenty of data in sold comps since I opened this HELOC verifying that the actual value of my house has gone up a solid amount as well, so hence the extra motivation.  

@Chris MasonThanks for the clarity, I figured that was the case but just wanted to verify.

After my share of CON-tractor stories, I only hire licensed/insured professionals in good standing with the state of Florida and who have at least 2-3 good referrals I can verify.