His name is Mel for the purpose of listing out our situationsHere are some of the realities of our situation:Mel has a lower FICO (610-620 I believe)My FICO score is higher (770)Mel has a W2 paying job where he is salariedI am a 1099 with two separate companies (Independent Contractor)Mel has been FHA approved up to $300k I have not because I don't have a "steady income" even though my income is higher than average, they don't like the fact that it is inconsistent because I am not salaried.We currently live in Orange CountyLooking in Pomona (LA County) and Riverside County for property because anywhere else $300k is unrealistic to find a multi or a SFR to flip.Now if you've come this far and read all that....

I still have a day job, I'm a real estate broker and have been for 23 years, but currently specialize in Glass boxes in the skye in Downtown Chicago. 

Is this a "Walk away" job, or is there a way to properly analyze this, and make it work?

I was able to position myself so I can focus on this full time and not need to have a day job, at least for a while, as well as have some funds to work with for rehabs or flips.

The biggest problem landlords have in pre screening is not being crystal clear as to what their cut off requirements are.

I graduated College in 1996 and got my first professional job in 1996.Then I said to myself..... who do I really want to get rich?

We want our projects to be a cut above anything on the market.

But you all have convinced me I don't need to quit my day job in order to do this, and I'm feeling much more  confident that I know enough about most of the big hazards to get over my fear of getting started.  

Maybe it added a couple new jobs for inspectors and a paper pusher.

Great job and an inspiration for all of us!