Ask what their credit is like (people with bad credit will know they have bad credit), employment, income, landlord reference, etc. 

All of it.I have a product that'll go off of just one year of tax returns for self employed folks in good credit scenarios.

Without an s-corp election, you have to pay self-employment tax on the flip.

The lender needs to justify every source of income you might have to qualify you for the highest amount.If you are self-employed, the will go through everything with a fine tooth comb.

Did a large employer leave the area causing many to lose their jobs?

Then once the mat leave was over we would move back to the home province, she would go back to work and I would stay home on employment benefits raising our kids.

Yes, Southwest Riverside is Temecula and Murrieta.I have several properties that have done extremely well.Super strong rental market, great schools  Good employment (Lots of people commute out to San diego or Orange county, but a lot work here as well.)I now manage properties for owners here and they are extremeley happy with type of tenants, turnover, appreciation etc. 

They were just about to set a closing date for our investment property, and someone in underwriting noticed that my husband's employer had declared bankruptcy.

A Realtor themselves may consider an LLC; however, they could not elect to be taxed as a C-corp or an S-corp as they are not brokers. their income is self employment income and all subject to SE tax.

Yes/NoTexas should require employers to screen new hires through the free E-Verify system to protect jobs for legal workers.