My other option is purchasing a remodeled home (triplex), but I feel like Im leaving money on the table by taking that route.

While I have no idea how the tax in investment income will be collected, I doubt it will be collected from the proceeds of sale at the settlement table.

You can attract investors by bringing deals to the table, real deals!

I'll try PMing you Greg :-)Oh...and I do plan to hit the craps tables!

I have an offer on the table at 89% of listing price plus I pay 3% in seller concessions.

I had pre-qualified for a FHA loan with VHDA assistance (basically to cover what I would have had to bring to the table).

If you are really anxious to spend money on this, pay me $1,500 cash and I will (1) personally fly to your location, (2) tell you to close your eyes and place your hands on the table, (3) take out a big hammer and smash your pinky finger, and (4) tell you "sorry I can't get you any cash business credit".

Then, the letter from this "lender" that states that there are funds available for use by "investor" (but you should name the person or company that will be getting these funds to use).Basically, you need to show where the money comes from, and how it moves around to get to the closing table.

Also, we have a table at our REIA meeting that has deals that are for sale.

They hold onto it and even rewrap them using table top closings.