You also need to know any actions against tenants, any eviction notices in the past, any pending dollars to be withheld from deposits, really, any issues at all.

Drive for dollar, skip trace seller and when you get them on the phone show them you care about them and you will get your first deal faster.Goodluck

But, if it makes sense, then it makes dollars ;) 

When we explained our situation to the finance company, we were told that I would need two years of 1099 receipts to be eligible for either refinancing our primary home or getting a loan to purchase another rental home.Can anyone please provide some guidance on how we can either refinance our current primary home and save hundreds of dollars a month +\or figure out how we can get the down payment and mortgage to purchase a second rental home?

I started my real estate career with zero dollars.

That being said, I would drive for dollars and send mailers or just pick up the phone and start calling cold leads & expireds.

Whether or not it's capital gain vs ordinary income subject to SE tax is the million dollar question.Not enough information was given here to make that determination, which is based upon fact and circumstance. 

:D  Worth all the dollars for it (I have a digital AND hardback copy.)

Typically you would offer free lot rent and maybe even a few hundred dollars extra per month depending on how many duties you need the manager to carry out. 

Hi BP community,I was recently driving for dollars when I went past an old church turned dance studio near our city's downtown area.