I can say that for me, being a college drop out has led me to this sweet spot in my life where I'm living my dreams and doing exactly what I want to be doing Every.

In some limited cases, with enough documentation and sweet talking to the underwriter you can make an argument to use 75% of gross income - PITIA even if the tax returns are filed (i've done this too in cases where this formula is better for income calculation).4) no rent rolls are needed on conventional loans (they are at portfolio lenders, commercial departments at credit unions, community banks, or commercial banks)5)  Addressed in #16) not for standard FHA program, the income limit is usually with first time home buyer programs that piggy back on top of FHA (FTHB), but not the regular FHA program.7) Technically no but banks typically want to see 620 +, there are some that go to as low as 580 fico that I've seen but, its a hellish trying to get one of those clear to order loan docs. 

You might live in Alaska, but when a bird dog or another wholesaler comes up to you with a sweet deal in Florida, the first and last thing you are going to do is send that deal to your 3,000 investors.

We also had a 5 plex with zones we took it off zones and regulated heat by thermostat control on the furnace got it to a sweet spot and kept it there.

You might already know that, but it's a sweet deal that can really help anyone starting out.Keeping your day jobs will also help with financing to start as you build a portfolio/track record.

This would add SOME costs to your personal housing, but it may allow you to thrive in the house-hack environment for longer, further realizing gain through it.What I like about this process is that you are able to keep your current sweet situation (including ALL of the equity you've gained through appreciation and debt paydown by not paying real estate commissions or costs of sale), you get out of the management tasks you dislike (either on ONLY the other unit in your duplex or on both . . .up to you), and you put your equity to work with a low cost HELOC. 

However, since there is more risk for a bank lending to a property in an LLC (because if you go under the bank is limited to the assets of the company, which are basically a building that/s probably under water) you will probably not get as sweet of an interest rate.

Do you think you've found a sweet spot price point for THs in the area? 

The trick is finding that sweet spot where the potential rent justifies the purchase price (duh).

We even have a sweet rescue pit bull (the tenant asked before she brought him home ) .... anyway they are all great animals.