Read robert kiyosaki book on Tax Loopholes, i read it and formulated a list of questions to ask a CPA when i find one to see if they are still applicable today... jus a few examples are decpreciation (unsure on how exactly it works but i understand the concept), some rules on capital gain and how to avoid it.

Set the rules.

They might be useful but I can't guarantee it.I'm still reading up on the rules so I hope posting these don't violate anything.

Also be sure to learn about any rules or regulations specific to the area that you plan to invest in!

i'm not sure of the rules either but this might get blocked out.

That's a long time to justify paying the extra 5% downpayment.As for the issue with your self employment, the broker may be using a program that is more paperwork relief than a true stated income.

I hope I am not violating any rules of etiquette by not posting to the new members forum first.

I live in central ohio ,and most counties have different contracts with different contingencies and rules.

I also know about the recent RPP Ruling with lead based paints with the EPA, and do mold clearance sampling too.

As a general rule, I would recommend having at the very least enough reserve money on hand to cover 6 to 12 months worth of mortgage payments.