It required new foundation, mechanical, extensive framing repairs, etc.

I am a brand new investor with properties in all 50 states and an extensive network of private investors! 

I have just signed an extension to this lease until December 2019. 

BTW: gutters do no good if the downspout drops the water 6 inches from the house... extensions people!

If I were to continue to run my own company but only my 2018 income would cover the DTI I need (due to extensive equipment/ tool write offs in previous years) would I have to wait until 2019 returns to show “stable” income?

Such statement may be given orally if the written notification advises the applicant of his right to have the statement of reasons confirmed in writing on written request.(3) A statement of reasons meets the requirements of this section only if it contains the specific reasons for the adverse action taken.(4) Where a creditor has been requested by a third party to make a specific extension of credit directly or indirectly to an applicant, the notification and statement of reasons required by this subsection may be made directly by such creditor, or indirectly through the third party, provided in either case that the identity of the creditor is disclosed.(5) The requirements of paragraph (2), (3), or (4) may be satisfied by verbal statements or notifications in the case of any creditor who did not act on more than one hundred and fifty applications during the calendar year preceding the calendar year in which the adverse action is taken, as determined under regulations of the Bureau.(6) For purposes of this subsection, the term “adverse action” means a denial or revocation of credit, a change in the terms of an existing credit arrangement, or a refusal to grant credit in substantially the amount or on substantially the terms requested.

I definitely need an experienced hand at this.So I'm looking for a CPA with extensive experience dealing with the subtleties of taxes for passive investors of syndications. 

If you have extensive termite damage AND foundation issues, I think I would push it in a hole and put up a modular. 

I believe that the Realtor contract is too long and a lawyer will put more than you need.I use a "Skinny contract" ---- here are the elements:Settlement - use "banking days" 60-90Build in an automatic "Extension" - Seller agrees to extend this contract by 25 banking days if requested -- you will always need more time - with this clause it acts as a little insurance when you run up against a settlement date that you are not ready for.Make full disclosures - if you are going to assign your contract - make sure you state that - my contingency is that if an assignee is not found before settlement - this offer is subject to cancellation.Let the seller know that you are in this deal to make profit.You could offer a "hybrid" this is nothing more than offering the seller a percentage of overage (or profit) make sure you write it as a net - not gross.

It’s always good to be conservative because I’ve never sold a house where I didn’t have to come down on my price at least a little.Getting into the renovation, it was a lot more extensive than I had anticipated.