If you hold it for 8-10 months you can start the application process and close on or after the 12th month.It makes very little sense to me to fix and flip a property if it cash flows and you have a good enough ARV to pull cash out and repeat the process. 

Getting a DSCR loan with terms good enough to make it work proved difficult so we might just be selling it off.

Just a business checking is good enough.

I got audited for my plane and got through it OK  with my log book and I always either flew IFR or with flight following so my destinations are on flight aware tagged to my N  number then just show the deals we bought or the loans I made in the locations I flew to or the bizz associates that I met with.. where i got hammered was on commercial flights.. credit card statements and receipts did not work or were not good enough I need to save the actual boarding pass. 

This past tax season he recommended I hire a bookkeeper as he felt that with my W-2 and my expanding real estate portfolio that I wasn’t able to keep good enough records to provide him with what he needed in order to properly prepare the best set of taxes for me.

I also want to give back to my mom for always believing and supporting me, I want to inspire those like me who come from broken homes, those who spend nights alone thinking they aren’t good enough.

Good enough for high class properties if done by someone that knows what they are doing.  

If you want to set a new value with your cash go right ahead but if you're using other people's money they are the ones typically setting value.As far as comments about FHA not going through or having problems closing you can put that all on the particular loan officer involved and their management not doing good enough quality control. 

And if my credit hadn't been good enough, they could have charged me twice that much.I had to have enough money to travel back and forth to interviews with the property manager, and the housing authority interviews, too.So, my point is that - you can be really picky, even if you agree to accept Section 8 tenants.But, if your property is the type of property where nobody in their right minds would rent it - unless they had absolutely no other options - then don't buy that property in the first place.If it's too late for the above, then try to be super picky.

As J Scott has said in podcasts, if you're good enough at P&Ls and spreadsheets you can fool your investors.