Additionally, a mortgage broker I worked with previously suggested that before applying for a mortgage that I try to not have any other outstanding loans since the loan to debt ratio would hurt my chances of being approved for a larger amount, is there any accuracy to this?

A way around the wait period is to apply for a FHA, USDA, GSE (federally backed) loan that requires the flood insurance.

So, most of this should apply nationally.  

I've been devouring BiggerPockets podcasts, books, and courses for about a half year now and am at the point where I realize I need to start applying what I'm learning or I'm going to explode.I'm particularly interested in the Boise market because as I'm planning on moving there soon + house hack with a 3-12plex, but I have this feeling in my gut that everything there is extremely overvalued.

@Gaganpreet DubbThere are a lot of tax considerations when foreigners(non-US Citizens / non-US residents) invest in the United States.1) Do you need to apply for an ITIN2) What is the best entity structure that will have your taxes reduced in both the US and your home country3) Is there a Tax treaty between the US and your country - If yes, how does that effect things?

.- 1031 applies when you sell RE. - Just reinvesting cash wouldn't help you defer taxes.

I've decided not to move forward on the MHP after applying what I had learned from your Youtube channel.

Determining whether or not Etrade's restrictive plan provisions apply will give us a lot more information on your options.

One more question, is self-employment tax only applied to your draws?

In a situation where they left garbage behind or clearly didn't make any cleaning attempt, I apply a cleaning fee and deduct it from their deposit.