Regarding the tax situation, I used the wrong wording in my original post.

I have a full time job which gives me the ability to save enough to buy 1-2 properties per year by putting 20-25% down.

Hi Eva, Typically the lender will underwrite the loan as if you used the full line of credit so it could potentially change your debt to income ratio. 

Via full cost effective rehab What was the outcome?

they're talking about arms and full doc 

I agree with all the other posts.

@James CarlsonHello everyone-I guess when I hit the back button to edit the post it made a complete new one.

@Josiah Swartz curious about your post...did you get the listing?

@Jonathan GreeneAgree 100%. be transparent and if good news great - bad news - still share it with investors - realize they are making life choices based on what they may be telling you as an example of someone has $100k investment and you fear it’s going to go to foreclosure - well maybe they would not spend $10k on that vacation or buy a new home knowing they are getting wiped outUnfortunately there is a group of guru syndicators who are great marketers / sales which some I have personally spoken with and they are so full of it and just like to hear their voice their ego gets in the way.

I self manage and like having full control over the whole thing.