To qualify, an investment club:must not make, nor propose to make, a public offering of its securities; andmust not have more than 100 members.A public web site or other public communication that could be viewed as suggesting that a club is looking for new members might be considered a public offering.

( some of our homes qualify in those counties)Ideas on diversification outside of real estate?

If you decided to keep him, be sure you re-qualify him. 

If you're well qualified conventional financing is also an option with 5%+ down.

Even if your mother approves using some equity from your home as a down payment for a second property, you will still need to qualify for the remaining amount needed for the purchase.

Agree with Kyle above, so you need to throw out gender, pregnancy, familial status, etc (just don't even consider it, mention it, or factor it into your screening in any way) then go back to your criteria and see if you have a qualified applicant.

You are paid for the year so if they crank up a legal escort service in there, you are not getting them out.Besides the fact that it always means they don't qualify by standard means, it means giving yourself no way of getting them out.Side note, some international renters are used to renting a year in advance as it does work this way in other countries.

If this is a qualified retirement account (tsp’s are) then you can transfer/roll this into an SDIRA or solo 401k and as long as the custodian allows for alternative asset investing you can invest in real estate or just about whatever you want.  

Looking for advice on my general financial picture and what I need to do to get it to a place to be able to qualify for home loans. 

Because the 0% interest rate was coming to an end on the first of my credit cards through Fund & Grow, I sought a second round of funding through them so as to maintain a 0% interest payment on the funds going forward...still had to make the minimum payment going forward which at that time had accumulated to about $1000 per month plus property yard maintenance and taxes.Hoping that Clayton would do some of his magic and get the house built, screen some qualified tenants and get some cash flow going to be able to satisfy the payback of the credit cards until such time that I could get the new house independently appraised and financed through a traditional mortgage which the cash flow would have easily covered according to what Clayton promises in his podcast relating to the new construction builds.