Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have  either or all of the following the most "average joes" don't:1.

If your looking to invest and learn about notes PPR may not be the right place as they are true mailbox $ and as passive as it gets (which is nice as well).

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market. 

Is this true?

This would probably allow me to qualify for the FHA loan if this is true since the giant loss is throwing off my DTI. 

This is partially true, partially untrue.There is an 8% withholding in case that there are taxes owed.

Depending on the lender (bank or alt. lender) you have to look at origination fees....points, doc prep, interest rate, frequency draws are allowed/min. draw amount allowed per request, interest payments vs. interest reserve & whether interest reserve is capitalized to fully understand the true cash requirements.

Joel, you are a TRUE professional.  

If the above is true, the income will offset the debt in the DTI calculation, so who cares? 

I think AI will continue to get better with time but robots will never be able to build true trust because they have no feelings.