If you are S/E ( self employed ) for example you can always ADD back Deprecation/Amortization from your tax returns, in some cases you can ADD back 1 time expenses.  1 time expenses can be; purchased a company car, equipment, did a 1 time upgrade to your office and the list can go on. 

Also, state employment taxes as well as IRS liens/taxes would also attach to a property.  

Self-employment is risky, even if you've been in business a while.DON'T go into wholesaling if you aren't good at sales.

I purchased the property off-market from my employer, Rapid Fire Investments (a regional wholesaling company).

agreed screening are one tool to REDUCE turn overI would call the employer, their second-landlord, criminal bg check.

I'll stick my neck out there and would bet that within 12 months the tier 1 markets may be primed for a rude awakening.The Midwest (employment hubs like Omaha, Kansas City, Minneapolis) and most of the deep South and Gulf Coast seem to have good numbers still.

I purchased the property off-market from my employer, Rapid Fire Investments (a regional wholesaling company).

Speaking of how "restrictive" home ownership is, that one is "stuck" to that location, can not engage in "todays" techno-world, restricting employability, restricting experience etc etc..

My concern is that a newer investor may risk their earnest money or may be on the hook on a deal (liquidiated damages up to 3% max on CAR RPA's) because they passed their contingencies or other while being lead to believe they could have qualified.Its like banking on a hail mary...As for FHA second use, the above sounds all woo woo and easy but I just did one of these recently and the underwriter wanted 25% equity on the vacating property (first FHA property) in order to qualify at "all," using one of the four exceptions for a 2nd FHA loan ( 1) larger family, 2)separation/divorce, 3) cosignor, 4) relocation because of employment).

I used to love getting a turkey every year from my employer, a few days before Thanksgiving.