This mortgage-specific FICO algorithm doesn't treat late medical payments nearly as harshly as the algorithms used by credit karma, your discover card, car lenders, or basically any non-mortgage FICO algorithm. 

However, in NC if you want to get any sort of private money loan, you'll need to ensure: 1) The property is non-owner occupied and 2) It is owned by an LLC, or other entity.

If anyone would like to work on this with me to try to find potential 'good deals' in non 'war zone' areas or if anyone [@Ned Carey] could provide a few leads from this overflow list, I'm all ears and willing to do legwork to check out the properties, etc.

I can't say for sure (because I honestly don't know) but it seems like Wells Fargo has a special due diligence process for UT corps that are owned by non-UT residents. 

Yes, non-owner occupied properties are taxed at 6% of assessed value while owner occupied properties are taxed at 4% of assessed value. 

The first reason is for the public school district.

Would you let random members of the public go wandering through your home without being accompanied by someone in a position of responsibility?

I don't spend any time on processing an application until I have cash on the barrel head in the form of a non-refundable binder.  

Note: If you go to the same meeting each month, you can do detail tracking for a month, and can use same detail to estimate expense for rest of the year.( If nothing changed)2) Meals when traveling away from home - 50% is deductible unless the meal is provided to the general public (like Open houses) than it is 100% deductible.

Not a passive businessCan be harder to finance since it’s a non traditional type of real estate.