The nerves are going to be there.

If you examine the BP forums, some of the most top notch agents are extremely resourceful when answering users posts, not to mention they do it on a consistent basis and ask for nothing in return.

By the way, we prefer to go through the reimbursement route instead of taking a deduction on Schedule E -- based on what I have researched, we would actually get more money, and it's cleaner and hopefully would rouse less suspicion from IRS examiners.4.

The HELOC will only be used for our down payment and closing costs, so it’s not like I’m wracking up anything beforehand.

The housing may remain affordable, but it will result in worse living conditions and deteriorating neighborhoods.See, here is where I keep wracking my brain; under what scenario does it make sense for the desired outcome? 

Examining  documents like tax returns, rent rolls, T-12's and service contracts, will provide insight on the property and the sellers integrity. 

Seller added the following revision for an AS IS sale:"Buyer hereby represents that he has personally inspected and examined the above referenced premises and all improvements thereon.

I've seen E&O carriers spend more money on forensic examinations of computers then the loss so as not to assume liability and frequently the forensic report is vague as to what the examination found.   

I broke  my wallet, my pride, my credit, my nerves and my spirit in one transaction over a year long process for a house that was ready to be burnt to the ground anyhow. 

These lenders look at the income from the property and these are for investment or business purpose only, and they don't examine your individual finances.