I have also been a Supplemental Teacher at a public school district for 18 years.

But, I'm not sure how Home Possible (which is a Freddie Mac program) may or may not limit your access to an FHA loan.

Sometimes I look at BP while he is engrossed in Pal Patrol glued to my lap.I listen to the podcasts at the gym as my YMCA has a good children's program in the morning. 

There are loan programs that would allow you to potentially use that income toward the loan but it's not possible to determine your ability to purchase without the detail that an official loan application brings.Also, don't worry about your credit until you meet with a banker and find out if your current credit will not work. 

Those funding sources are public record.I would also become the squeaky wheel who wouldn't miss a single one of their REI meetings until the word was sufficiently spread about how they do business.The support you will find on this site is great but getting your money back, or some/most of it, will be better.

I've enjoyed the McRib seminar metaphor, especially the Platinum Masters Program. 

Lots of different ways to look at the loans and structure is incredibly important.There are a variety of commercial lenders and just as wide a variety of loan programs. 

., monthly income at 3x rent) or just market the units to the public and rent out to whomever can afford it best?

You have to live in one unit if you use one of those loan programs but you can rent out the other units. 

I have not seen that often.There are several, programs independent of FEMA that are providing Flood coverage.