You can take all your legitimate deductions against rental income regardless of the amount of other income.i believe you may be thinking about the net passive loss allowance that begins to phase out when MAGI exceeds $100K.  

I couldn't pull legitimate comps for this area and prices were all over the place

I've invested in a deal with them and they are legitimate. 

I know some more experienced investors that put cash and then bring us in the fold later, sometimes because they legitimately didn't know if they would close cash or not yet.

I have two good friends who are legitimate successful Real Estate agents.

We are indeed a legitimate company, and have been in the transactional funding business for almost 7 years.  

That's not a legitimate contingency.

Scott's "The Book on Flipping Houses," he cautions that finding wholesalers who can provide legitimate deals can be a challenge.But it sounds like a promising source of properties for an aspiring flipper like myself.

Any ideas how to show this is a legitimate process to a bank in order to obtain an owner-occupied loan (lower rate)?

Perhaps they have a legitimate concern for you.