However, DTI is not calculated on the basis of a single year's tax return, but instead two years of tax returns are averaged to minimize the impact of expensive, one-time repairs.You don't really need a CPA to prepare a tax return.  

I spoke with a title company about this and they indicated that it wouldn't be a problem for them, so long as it's ok with the lender.Regarding problems down the road with the lender selling the loan - that's really on the lender I think, not on you.

amazing way to build up primary residence tax free equity, with minimal downI would say that cashing out CO is the best option:  the market is so hot, and equity is no good just sitting around, might as well use it, especially in a place like Troy or Albany where there are tons of reasonably price properties... and cash is king, especially if you want to try the BRRRR strategy on your elbow grease!  

But it’s also a strong indication that landlords are playing a larger role in the U.S. housing market.  

The lender will supply you with a loan letter you can give a copy of that with your offers and possibly give the owner a bit of confidence that you can close.Another thing you might do is locate your office location that is convenient and has a minimal of distractions.  

All rented out and long term tenants, projected vacancy loss is minimal. 

When hours worked aren't look at, in my opinion, it illuminates the true reason that people work countless hours for minimal reward... passion.

@Jim,  I was looking thru the forums to get some advice on how to structure an asset protection vehicle while minimizing the taxes payed.  

Your "home" can be the business office location as long as it can be closed off and has minimal distractions.Do not try to do everything yourself.  

You can minimize the problems but not fully remove them.