One MTR lease ended May 31st and the next began June 30th.

There are some expenses (mostly noncash items) that can be added back to your income - depreciation is the most common/well-known.If you have strong revenue and are reporting a lot of expenses to reduce your taxable income, a bank statement loan may be a good option for you.

A FORMAL loan Mod done 9-16-2020 (But NOT recorded until 6-9-2022) reduced their rate to 3.375% to be REAMORTIZED over 360 Months.Looks like HUD took back a SUBORDINATE 2nd lien in the amount of $101,500 dated 9-16-2020 (Recorded 6-9-2022 at the same time as the Loan MOD was formally recorded)BUT they fell behind AGAIN so then another Loan Mod was done on 4-14-22 (recorded 7-15-2022) which reduced the Interest Rate lower to 3.125% to be REAMORIZED again over 360 Months.

Outside of getting a partner to help, I really don't have any creative solutions for you that won't leave you in the poor house at the end of the day. 

So effectively I don't have a team.I've done all cash buys with a return of 7% cash on cash [no associated mortgage].I don't really have a network - the turnkey company is my PoC and they manage everything end to end.

This is a place that sellers often end up in: Considering lowering the price and how much to lower it.

You sell the property for the same $500K to an owner user with $100k down and carry back a wrap note of $400k at 10%.  

However, market manipulation has presented a couple of opportunities to me since 2009, so I've ended up with more than I expected. 

Contrary to popular opinion, I don't see us going back to yesterday's rate environment, and I'm not anticipating being able to obtain investment property financing at sub 6% at any time in the near future without heavy buydowns. 5-7% is the historical norm for mortgage rates - it's not like 7% for an investment property is outrageous or shocking, and this is the ballpark I use to underwrite my deals. 

Below is a back of envelope calculation:Gross Revenue (Best Case) 92KExpense Margin @ 35%NOI  59.8KPurchase Price 1MCR  6%I agree with most of the comments, this doesn’t look like a good cash flow investment.