@Chris MartinFirst, I presume that (i) you are referring to w-2 wages earned from your self-employment activity (e.g. you have a single-member LLC taxed as an S-corporation through which you are providing goods and/or services); and (ii) you do not have any full-time w-2 employees (i.e. working 1000 hours or more per year) working for the self-employed business or otherwise. 

Being both an investor and active agent I have a unique perspective on this, but as an investor if someone brought a 16-unit deal to my attention and I ended up buying it (or even if I didn't) I would be grateful and would want to preserve that realtionship in any way possible so I was the person she brought the NEXT 16-unit deal to as well.

As long as you are actively looking for deals, even if you don't buy anything you are learning valuable lessons about the market.

You can't do any work on the property yourselfShort term rental income might be considered an "active business" therefore be subject to UBIT (Unrelated Business Income Tax)Hope this helps!

These protections apply in most private housing, state and local government housing, public housing and any other federally-assisted housing programs and activities.

@Stanley Bronstein  @Jay HinrichsTen years ago Texas changed CD law so it eliminates almost all the abuses, but still maintains the essential element of allowing people unqualified for financing to purchase a property.The law that accomplishes all of this is astonishingly simple.  

I did call the foreclosure attorney to confirm the deposit and that it's still active. 

Omar is from Canada and has recently moved down to the US to actively invest in large apartment buildings.

They're completely different activities and skill sets. 

I’m also Active duty military so I don’t really have a lot time to ride around and search for off market properties.