At the time we had 16 rentals and about half of them were free and clear, and we were buying way less house than our salaries would have dictated for a "normal" (read BROKE) couple so we qualified with no problem.

Just make sure that you are qualifying them.All of our advertising is free for the rent to own properties that we advertise. 

Depending on the amount of time you have to spend on managing the tenants and dealing with finding new qualified tenants you may want to at least compare the costs of hiring a Property Manager.

Income: $1000 via SFR rentals.Year 1: Skills: Advanced RE Education.

Unfortunately, in this pricey market the only thing I can qualify for is an FHA loan if I'm looking to go the conventional route.

I am looking at homes to BRRRR so the money will be short enough to get a refinance which I would not have problems qualifying for.

You could do something similar that way qualified buyers can peruse the list on their own and let you know if they want to buy.

If you guys have a good general or specialized book on the topic you’d be willing to recommend, I’d be very appreciative.I’m planning on using my trade skills to do self repairs where needed to help offset the cost of owning and maintaining these properties.

In regards to the substantial renovation bit, and assuming we could qualify SOME of the renovations as expenses, are there guidelines on what renovations what would qualify as an expenses vs capital  expenditures?  

Does anyone know of a qualified and reputable contractor who works in the LA, OC and Inland Empire area?