You’re a family office and/or employ advisers trying to earn their salary and/or investing as 100% owner of a TIC (or JV) and can maintain continuous pre-tax compounding even after exiting a position.

Now I have other concerns.Sure, I've been self-employed in the business now for two years and my wife just quit her main job, but we're not slowing down now.

However it doesn't change the fact your name will be forever be listed on a docket and its one more thing you have to explain to banks, financing companies, employers etc.

Any new employers in the area? 

At the time I was legal counsel at REIT  as my primary employment and the SFH's where viewed as a passive investment.

Others employ a BRRRR method or do wholesale deals/flips to have cash to invest long term. 

But, due to being self-employed, it is extremely difficult to get accepted for any kind of FHA loan.

I'm in a situation where i'm newly self employed (1.5 years) so dont have enough tax records to qualify for FHA lending. 

Does not fly.And if you claim that you only spend 20 hours a week for your W2 job, an IRS auditor will request a confirmation from your employer.

Self employed here, average $3k for prep and pay 37% effective tax rate.