Basically, he advises keeping an eye on the direction of five macro indicators for your market, home sales, foreclosure filings, builder permits, interest rates, and one other that is escaping me at the moment. 

Multiple inquiries for mortgages in a close timeframe are now counted as ONE inquiry - it is considered rate shopping and the individual inquiries no longer add up.

I understand that we would want to show a history of rental income on our tax returns in order for that money to count toward a loan.  

If you choose the monthly PMI, you will probably need to get an appraisal done (an extra $500-$2500ish) to prove the value of the home if you want to count appreciation for eliminating the PMI.  

Before you sign the application to purchase the property, count the foreclosures in the subdivision.

I guess I can count that as an East Bay Success. 

I think it's 58 plus 12.50 each additional person (Others, Any/All Occupants counts as a person).  

When it comes to a business entity does a DBA " company name" count as an entity?

But the bottom line is that only earned self-employment income can be counted towards calculating max. contributions. 

Watch the market place forums too, it's the "Count Down To Launch" LOL.There are several types of conventional options, the "full credit", "step up", "financed option" (actually 2 ways), "set up option" "declining credit option"  each having acceptable variations and the American Option (a favorite of the gurus) and the European Option described, both may employ aspects of the different types.