The property consists of 4 structures - 2 duplexes, an SFR and 2 car garage, and has 3/4 of acre.Here is the link to my analysis using the BP calc assuming a $455,000 purchase price and below is quick summary.https://www.biggerpockets.com/calculators/shared/260799/874435c9-b77f-4f96-a3de-90be11c4cbbaThe asking price is $475,000, Assumed purchase $455,000.I've assumed $30,000 in repairs as a place holder (TBD)Current Rents total - $4,700 + an additional $75 in income from laundry machines _ According to listing broker.Taxes are $5,868 (verified)Insurance $4,500When factoring in other expenses - landscape maintenance, water, elec, vacancy, repairs, cap ex and PM I end up with $610 in cash flow.

After following up with the insurance desk adjuster consistently, Back to the present, I just got off the phone with their "Director" of special insurance case, whatever that means, where we've had a pretty combative conversation where I get the feeling that he was fishing for something and I said as much to him.

There are many different ways to analyze a deal, pick what works for you and be consistent about it.

Like you have mentioned, Lexington has seen increased growth consistently over the years (I believe since the 1800's and even during the financial collapse).

The side contracting job brings in additional income but the amount isn’t consistent each month.

It also kind of depends on when you started charging them at move in, be consistent to avoid any issues.

As many of you probably know (and I just learned), proof of a consistent flow of income from the same employer for 2+ years is extremely important when it comes to receiving a loan (regardless of my excellent credit score and lack of debt). 

This creates that overlap on a bit more consistent basis.

No FHA will be reasonably consistent as will most other loan products, the only thing you can expect to vary from lender to lender will be their fees and possibly the interest rate (but usually not by much). 

Wholesaling is pitched as an easy entry point to Real Estate Investing, but it is a lot of work and requires consistent marketing to make good deals.