And I hear you, I am slowly trying make my rental into my main source of income.Yeah, this is tricky.

As soon as it was payed down, I could turn around and use it again; even though the money to pay it down came as a large sum from an outside account.Though, as things turned out, I ended up getting a commercial loan instead, so the lender was not picky about where the source of funds came from.

Or since you both have other sources of income, you can always save this money and use it for down payments, marketing materials, etc.

And seeing as you can afford to pay him half for his past deal/s, I would recommend that before you do, look at them very closely before deciding that they're better than YOU might be able to source yourself.

As I mentioned, I would also like to be a source for those with construction/contractor questions.

Ok here's what I'm trying to do:I used list source to create a list for 4-20 unit buildings in my desired neighborhoods.

Those ones must have gone to "the seminar" and come out guns blazing with not a lot of real world knowledge or market experience... some of them have even approached me and said they want me to write offers for them but when I ask for their funding source they can't seem to come up with one and come to find out they want to assign the contract.

That is how I source almost all of my deals.  

Are there any requirements per FHA that I occupy the house for a minimum amount of time before reselling (some sources are saying I need to occupy the home for 6 months otherwise I am in breach of the contract)?  

If either of these happens, she could lose both properties because her house is mortgaged to pay for the rental property and is her main source of income.