Mom only pays taxes, insurance, HOA...Or refinance conventional depending on her income and use for temporary money and rent the house to supplement.

Many folks naturally load up over their life-time in the tax-deferred bucket and neglect the tax-free and taxable buckets.  

So if they can’t force appreciation, they can only benefit from natural market appreciation on their exit, which is why their returns are lower than syndications (but of course you get the benefit of the 1031 exchange.)

The person gave a complete application, but failed to also provide the required supplement info such as proof of income (pay stubs and such).

Bottom line is I really want to get into the real estate business, and eventually accumulate several properties that I buy, hold, and rent out for the long-term... but am having trouble on deciding where to start buying since I don't have more than 10,000$ and I'm constantly gone due to the nature of my job. 

Fortunately, my cheap skate nature and my lack of money precluded my further "training." 

Naturally I called to inquire.

Currently anyone who meets the following requirements can be an accredited investor:(1) Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year;(2) Any natural person whose individual net worth, or joint net worth with that person's spouse, exceeds $1,000,000.You can find the full definition, which includes requirements for entities and businesses, at https://brelion.com/blog/article/Definition_of_Acc...Hope this helps!

Given the nature of your response, I see that you're knowledgeable and experienced about the subject so let me explain a little further.

Evictions, naturally, are a lot faster, cheaper, and easier than foreclosures.