Secondly, after all the speedbumps I hit and overcame in the process, I have a much better respect for the work a realtor does for you...

But if its not a warzone, then I would hypothesize you can get it to hit on an income appraisal.

It has to hit all two (three now) or I don't buy it.

Hmmmm.I have one full time crew that rehabs so I can't bash it too much but I definitely prefer wholesaling anything I have.First off, I can't efficiently rehab all the houses I come across.

You might try hitting the pavement and looking for fsbos or checking the pre-foreclosure lists.Also, if you decide to purchase rather than wholesale.....find out what type of loan you qualify for before you start searching.

There is much better real world hit the road running material out there.

Now developing increased financial responsibility with what they currently have and with what they will have, will insure that this increased income will not leave just as quickly as it came, but I am just not sure that topping out a 401K or paying off all your debts is the most efficient and effective way for everyone to get ahead.

If it hits my initial monthly GRM calculation then I will take the numbers and crunch them through an actual income/expense statement.

Qualifying is merely a tool to sift through the hay stack to make your time more efficient.

most people like helping others.i'd say, hit up a few businesses in area, chamber of commerce, etc...BEFORE you talk with a realtor.remember, asking a realtor if it's a good area to buy is like asking the barber if you need a haircut... 8)