She found a suitable candidate and he passed the checks.

@Jason BurgessGo ahead and add me to your buyer's list.I like 3/2s and 4/2s, >1150 sqft, built after 1975, suitable for rehab and flip.Send me what you have and I'll see if the numbers work for me.Thank you.

So you'd probably screen them out of your tenant pool anyway.I think the restriction is more about wanting to specify income source because you think that a person with a particular profession would not be a suitable tenant.

Turns out the subfloor that we know was uneven from Day 1 is not suitable enough for good, level flooring.

I think it was timing more than price but I ended up finding suitable tenants who moved in two days after the prior tenants vacated.

If you have X number of free and clear properties, that makes you a more suitable borrower, one that many Lenders would enjoy to have as a customer and one that many Lenders will reduce fees to obtain not increase them.  

I will let you know should I come across a suitable use case.All the best to you.Sandro

While FHA may not be suitable right now that doesn't mean there are no other options.

You could find a  CPA  that is suitable and call your friend and  tell him now that you are getting bigger you feel you need a specialist in real estate.

It records purchase price, new valuation price, sales price, vacancy rates etc...I always look at sample reports for any software in order to consider if it will be suitable for my needs.