It's set to a loud volume because he claims he has sleep apnea (sleeping disorder) and can show a doctor's letter to prove it. 

If audited, you have to prove that the payment did happen. 1099s is a separate issue which the IRS might raise in a audit but usually does not.

Can somebody who is not self employed, has a lot of equity, excellent credit, no debt and 30 thousand in savings but can only prove very little income because the majority of their income comes from tips, do a cash out refinance?

The house is discounted, but I was worried that it would be mold that could result in some tough times getting financing or costing a lot in mediation?

Erin - agree that nearly everything in Boise seems over priced and very tough to find positive cash flowing properties.

That’s a tough question because I did do a lot of research, but I have 20+ doors spread throughout FL.

Also I know from other investors advice and SMs I know that having houses spread out is tough to manage/keep track of.

Lots of locals trying to change that for the better but it is tough.

It's tough work but put pencil to paper and make an honest assessment of how much damage you could handle.

to leave current job, secure financial freedom faster, bragging rights, prove something to ourselves or even others.