This, coupled with the ADP data is giving traders reason to bet that Friday's Non-Farm Payrolls will be better than expected and potentially give the Fed enough data to start tapering on Sept 18th.

@Joel HuntYup, so as you've surmised, your borrower processed the 1099 incorrectly. 

In process of looking for new umbrella myself.  

Are there any guidelines for situations like this where the tenants would need to stay somewhere else while the renovation is in process?

Latest one I closed in July was at 6% rate and we consider the short term rental data including AirDNA, AirBNB etc while calculating DSCR ratios.

Some lenders even use it to underwrite which shows the quality of data. 

Thus the whole process costing you a few thousand more.  

Nobody wants to make a mistake, even though that's 100% part of the process of being an investor full time. 

I will be able to cash out my original down payment + 30k more if I wanted to but as im going through the process I was wondering in the future if I pursue investing full time how do you still get approved for mortgages?

I love your idea of the Clik2Flip mobile property analyzer app and the facts that it requires NO data entry.