Rents, Selling Prices, are all based on the Neighborhood, type of town, meaning industry, a lot of people moving into the area because of great job opportunities, or moving because a lack of jobs, all affect the rents and selling prices of homes. 

Investing is not unlike many industries...it's monkey see, monkey do.

It might be a good idea to find someone in the industry to provide some guidance.

Regarding:1) yes that is one way to do it if you have atleast 1 paystub from the new job its salary or base pay and you have 2 years in the same industry to use as qualifying income (full disclosure I am a loan officer)2) Yes private money would work then rate/term refinance out with conventional when employment income situation or qualifying income situation changes post closing3) this may not work if you dont have it signed as " Daniel Tansill or Assigns.." do you remember how you signed the builder contract?

My name is Pearline Hardy and I am pretty much new to this industry.

I am currently waiting for my real estates license application to be processed so I can begin officially in the industry.

I've previously been in the mortgage industry and have experience rehabbing homes with my Dad. 

I have been in the pharmaceutical industry for 9 years, and have no intention of making real estate a career.  

It's very common in the construction industry. 1099s are for way more than waitresses. 

I should have jumped into the forums sooner, but was hesitant for some reason....I am currently in the corporate world and have been involved in the electronic security industry for over 16 years.