You can sometimes get around it due to unique circumstances like job moved 50 miles away, relationship change (getting married/divorced), etc ,but if you have all of your life variables the same, it is just one year, and then you can buy another property.3) You can only have one 3.5% FHA loan at a time unless you have good reason to get another (see point 2 above).

I'm sure your understanding is appreciated by him and will strengthen the work relationship.

Most any custodian will reject an agreement that is improperly created or where they see a lack of any relationship with qualified counsel. 

However I'm in no position to do so, so i'd like to take the opportunity to try and wholesale it as a way to begin developing relationships in real estate and also try and turn a profit.

It all comes down to networking and establishing/building the relationships with the right people. 

I’ve been angry quite a few in my inbox and the more I think about it the more open I become to a virtual relationship with a CPA.

I'm looking to build a relationship this individual as I will be buying other rental properties in the future. 

Why waste time on FB catching up on peoples highlight reels, food pics or relationship drama? 

However I'm trying to change that as the dream is to retire from my day job and do this full time.I live in Australia so would like to make friends and build relationships with all you who's on the ground or are doing the same as me.Hopefully our mutual friendship will result in win win deals for all.Dave

There is the relationship component to it, and it might be short sighted to cut him out, even if you can, if there is longer term opportunity to stay on his good side.