I need to verify if I'm wrong AND if I'm right, so verification and/or telling me my incorrect-ness is more than welcome.

I read that incorrectly, I thought you were looking for multiple FHA loans.I would not be concerned about obtaining an FHA loan with the intention of it being your primary residence, getting relocated for work and renting out the property.

Most people get stuck trying to find the correct answer when you should first identify the "INCORRECT" answers, that increases your odds of ultimately selecting the correct answer quite a bit, say you have 4 potential answers and you identify 2 as absolutely incorrect you just increased your odds of from 1 in 4 to a 50/50.Also, Selecting the incorrect answers first can help identify those questions that are purposely worded in a way to trick those that don't read the entire question.Being able to identify why an answer is wrong in one question can also help you in determining why that same answer is CORRECT in another question.Hope that helpsAll that being said if you get stuck on a particular question and can't figure out which answer pick "C"

Looks like I will have to confirm with him... would hate to have incorrect info.

BP is the best site on the internet for RE investors, but it is a public forum and many give incorrect advice, pass on unethical practices and even illegal ploys that can get you in trouble, especially as a licensee.

If you even missed a number or your calculations are incorrect you could be looking at a costly mistake.

The 1099-MISC is completely incorrect and his CPA should correct that. 

That is absolutely incorrect.

I might be incorrect, but didn't you post about this deal about a month or so ago?

Is this possible or is the agent just incorrect?