I am running into this issue in another area, calling employers about internship opportunities as I am a college student, but I thought it was a relatively thought provoking discussion.

Unfortunately they have already begun selling off some of the properties that are either in need of higher rehab costs and or not offering the cash flow they are looking for at this time.Last night I received a text message informing me that they had an investor scheduled to do a walk through on Friday morning as part of a five property portfolio.I immediately called and spoke to the current owner and he stated that he was expecting an offer of $175,000 to $180,000 and that he would except an offer from me if I could secure financing.

I might live in there once my kid goes to college.

He was scheduled to close on March 13th and gave me his notice to vacate on March 16th.

I have a signed contract and now we start to move toward getting inspections scheduled but my realtor still hadn't seen the earnest money being deposited.

Assuming the income generated flows to your schedule E and gets sorted out in the end it may not matter. 

I wanted to find a way to balance my hectic travel schedule but also stop paying rent.

It’s next to a college so renting it would be really easy.

Phillip,When your ready you only need (1) year tax returns not (2 years) the military counts for credit just like a student out of college who pursues a certain field that first year tax return is all you need. 

Hi everyone,I'm a recent college grad (working full time for a month now) and I've been trying to obtain financing approval for the last year or so while working part-time and finishing up my undergrad.