By observing your business, I can confirm or correct my plans and systems.

I have the down payment + reserves but the bank won’t work with me because I currently have no income ( I gave my job 2 weeks notice but I know it won’t close in time to make that work).Any suggestions on how to still buy the property without having verified income?

Though they advertise primarily as an engineering firm for new construction, they do foundation repair work-- I just called them to confirm :) 

He does not fully understand Sec 179 expensing regarding vehicles or mixed personal-business use assets, which makes running with his advice dangerous.To his credit, he disclaims in the video that you should confirm everything he says with your CPA and attorney...Stepping out of the tax realm and thinking logically as a business owner: Is it really a smart business decision to buy a new business vehicle every year? 

Option B - investing all capital (including saving 3-5k for reserves) into a turnkey property out of state.

It also builds in a 10% emergency reserve fund based on the rehab budget to provide a cash cushion if a house later is found to need more work or a cost overrun etc.

I have confirmed the current renter wants to stay in the property but the current PM just told me: "the current renter has to move out completely before changing companies".

Make sure you have at least 6 months of PITI payments minimum in a reserves account (ie don't use ALL your cash in the acquisition).

. - Proof of adequate income (or reserves) to verify ability to pay rent on time throughout the lease term (select one or more): • Verification of employment and salary/wages. • Recent paystubs from verifiable employer • Tax return copies for self-employed applicants. • Proof of regular investment earnings, social security or other form of governmental rental supplement. • Any additional sources of income that applicant wishes to disclose (i.e. child or spousal support, trust income, financial reserves, etc…). • Any rental subsidies which you wish us to consider.

. - I am trying to utilize as many financing options as possible so I do not deplete my cash reserves.