I recommend seeing a tax accountant because what you think were deductions for 2012 will probably be different for you in 2013 so it is better to find out now before getting into a bad habit for the next tax return.

You don't want this tenant to make this a habit.

Finding a good mentor sounds like a safe bet for flipping your first few homes alright.  

Globiflow is probably my best bet I think.

If you can't raise the money I suggest you chalk it up as experience and move on.It wouldn't hurt to fully disclose your plan to the lender, if you can show the ability to carry off the plan they may allow it to be brought current, but if you're not solid as to ability and experience don't bet on it.

If your numbers are solid and I mean rock solid it might not be a smoking deal but I bet there is an investor that would put it in there portfolio. 

I am a little scared to review my spending habits, but as they say,"The brave man is not he who does not feel afraid, but he who conquers that fear."

But there's a time to buy, a time to build and a time to sell; given the evidence how much of who's money do you want to bet that we're still in the first part?

Your best bet may be a pay site, like ListSource or whatnot....  

The more I think about this and consider all of the great information I have gleaned from this thread, I think your idea may be our best bet for now.