In Dodd Frank, they anticipated that some might carry paper to get around Dodd Frank (not that you are doing this) and therefore they also "cast their net" over seller carry backs.Most importantly, please don't rely on what I say, except to inspire you to seek legal advice (which I am not qualified to give) from a qualified attorney in this area, and structure this so it doesn't get you into legal tangles or possibly worse, interaction with the CFPB.

The 10%+ loans appear to need either a qualifying CFL or a Broker to write the note. 

Then I would follow up with a 1031 qualified intermediary to ensure each step doesn't violate any rules and follow up with a CPA who understands real estate to compute the tax implications. 

Only saving grace is that while other cities like Los Angeles, Orange County, SF, San Jose, reached their peak and established new peaks.

Since I'm gainfully employed and have quite a bit of savings I don't qualify.

Since I have renting experience (which I've read is a qualifying factor to be able to use projected rent income towards DTI) will I be able to use that towards my next multi I plan to do an FHA on?

Surprisingly strong response with 12 inquiries within a few hours and 3 qualified applicants to choose from after an open house that had 8 groups turn out.

-She threw out a bunch of my personal property and then lied about it (she lies about everything).Her only saving grace is that she always makes sure to pay rent on time.  

and am i really the most qualified person to be the CEO of this business, or is it better to hold someone else accountable and I can go do what I would rather be spending my time on..It is like instead of buying a ticket on an airplane to go on vacation to Hawaii, you take flying lessons and learn to fly to do it yourself...

In almost all these cases none of the individuals qualify on their own under our 3x gross income guidelines but together they do.