@Justin Y.The rental income will qualify as earned income if you are actively managing the properties.Here is what IRS Publication 560 states: https://www.irs.gov/pub/irs-pdf/p560.pdfNet earnings from self-employment.

Hey BP, Does anyone have any tips using public records for pre for-closures ?

I own an non performing note in Texas and received notice for collection of the delinquent taxes. 

I'm about to make an offer on my first larger multifamily (20 unit apartment complex) and the non-disclosure I was asked to sign in order to view the financials has a bullet point that says I'm "acting as an Investor only and therefore am not entitled to commission."

The partiers were not residents, it turned out one adult tenant had been marketing "pool parties" to non-residents at $5 a head.We have a "no parties" clause in our rental agreement, and also do not allow residents to run businesses on the property. 

We don't have solid public transportation in place, and I know that is important to the company. 

The bank can either accept your low offer or you can walk away  No normal (non investor) buyer will touch this house.  

FHA backed multi-family mortgages have outrageously good terms (85% LTV, 35 year fixed term, rock-bottom rates, non-recourse.)

The loan will be fully non-recourse. 

That's why a lot of RE investors don't bank on appreciation, especially if you put 0% down.I'm admittedly in a different situation than you (I'm single with no kids), but I found that I could rent a place in a neighborhood I wanted to live in way for less than the non-equity building costs of buying a house in a neighborhood I'd be ok living in.