Continue to repeat flips by reinvesting original partner's cash and profits into each subsequent deal(s) until you have your own seed money ($10k, $20k,...?).

Do you mean the lease qualifying as income being the down payment or the lease income adding to my existing income to qualify for a larger loan.Thanks for the great advice.

This type of landlording must require a strict operating process to be profitable

Hi -BPers I have been buying tax foreclosures for years and has been very profitable.

At one time after the acquisition of my other business, I switched CPA's, believing the other guy can service me better, as he had a larger staff. 

I would first see how much you could sell the property for (as well as what you would profit from this sale.)

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Try to find the non-profit credit unions.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Whatever you choose, though, you will generally get better treatment and terms, and develop a stronger relationship with a lender at a credit union than a bank, because of the cooperative ownership and not-for-profit structure of the former.