He sent a contractor that admitted to me he was high onnstimulants and he caused severe wayer samage that flooded the living room below and the basement below that.   

However, there are reputable websites that offer a wide range of house plans suitable for various purposes, including spec homes.

For buying a second house, should I declare high taxes again or save for a 20% down payment to qualify for a loan based on my active income, without needing tax returns?

Beutiful property that provides quality housing for an underserved market that also makes good money.Lessons learned?

If I could chime in to help in the search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

The VA loan is a powerful tool with a lot more to offer than most people are aware of, a good agent will help you maximize its potential to kick start your REI journey. 

I would offer an annual lease if a tenant prospect has an outstanding application. 

In reality, as soon as your cashflow hits your bank account, it's either reinvested in a similar asset, swept to an interest bearing account (high yield savings account/CD), or reinvested in some other form.

Both would give you high returns but I'm not sure yet how well those areas would do when the market turns back down.

You are free to offer them a discount and a payment plan, but this is not going to be on their mind now that they're losing housing.