My theory is that it may speed up overseas investment as investors there race to get ahead of further devaluations (and before they're swept up in 'anti-corruption' investigations which are mostly designed to weed out anti Xi Jinping factions).There is another hit to demand that also could originate in China; the slowdown in their economy and it's effect on raw materials producers (see http://www.visualcapitalist.com/china-consumes-min... for a good look at that).

I think getting a house is way more awesome because it's an income producing asset.

The great thing about working with a lender on a multifamily is it is an income producing asset, unlike a single family, so to them, this helps mitigates risk and banks are all about mitigating risk.Also, you mentioned that the 2 prior year tax returns show lower income than you currently have now.

Forms 56 and 56A are filed with the IRS when a trust is created with the IRS and a new one would filed when your beneficial interest kicked in.

I filed a dispute, but it can take up to 30 days to resolve.

The lawsuit, which alleged that the turf state laws harmed consumers by preventing access to the national market for commercial real estate brokerage and depressing real estate prices, was filed by a group of consumers, real estate brokers with Marcus & Millichap Real Estate Investment Services, a national commercial real estate services firm based in Encino, Calif. leading the suit.

That 40 hours of labor I produce will cost me about $3K ($750 per week X 4 weeks).

I didn't realize you could have a $1500 a month car paymentAnyway, get a loan officer to work with you and you want to look at these things:DTI   (lenders look at 43% and so should you)Overall file  (w-2'd or 1099'd and for how long)Public records  (FC?  

I mean its 2015, doesn't seem like their are many new individual wholesalers left, maybe that might be a good thing but what i don't know is, before i put the amount of time i am about to devote towards finding distressed houses, filing lease options, assigning contracts, etc... is there still business out there to be done.

The file will likely stay open in the building department.