My primary question is how do I show income after taking advantage of all the deductions?

Do you currently own a primary residence home?

My aha moment came last February, three years after turning my first primary residence into a rental property and after three years of doing nothing else real estate related.

A traditional financed deal with 10-20% down, cash flowing, minor rehab would be fine.

However, all first-time homebuyers must complete a homebuyer counseling program.The grant may be used in conjunction with other programs, such as FHA, VA, THDA, USDA/Rural Housing and Community Investment Cash Advance.Homebuyers may be required to pay back a prorated amount of the Welcome Home grant if the home is sold or refinanced during the 5-year retention period.Property Requirements for the Welcome Home Program Property must be used as the homebuyer’s primary residence.Property may consist of 1 to 4 units.

Within the next year, I can see purchasing a new house for primary residence.

If you have trouble meeting the hefty requirements of traditional lenders message me.  

And when I do, I get outbid at far beyond asking (which I'd be open to do if I were buying a primary, but seriously eats into the already small margins from an investment standpoint) I’m from California, and I know the market is in a major upswing here, do you guys feel this is the case nationally?

Does anyone have any advice on areas that should be of primary focus or items to caution against?   

I was wondering if anyone has tweaked the BRRRR  strategy for their primary home?