The more and more the market creeps up, the more larger cash position is required.

Also although it may be more difficult will it effect the type of loans I can get. for example can i get better interest rates or larger loan with w2 or 1099?

On the last two statements, he's hasn't sent out the full amount of my draw-- resulting in him owing me $700+ in the past two months, discrepancies on both statements and no response as to why this is. 

@George Gammon  you mis took my statement my point was cash was immune.. cash rides out all markets...

There are so many nuggets of wisdom that I have learned through the podcast already it is ridiculous.I am currently looking to utilize FHA financing to buy a slightly depressed property (due to mismanagement, etc.) and refi/flip out of it to build capital for a larger property.

If you want to avoid tenant problems, I'd recommend trying to get larger units, even in the cheaper parts of town...they seem to keep tenants longer. 

These are primarily the larger waterfront homes and are being scooped for a relative bargain.

You are looking at older housing stock, and subtle differences within larger geographic areas.

Larger cities that cater to international clientel will be your best bet.

We have 46 employees which makes one of the larger construction companies doing residential rehabs but 46 workers on 23 projects is not even half the skilled labor needed to complete these projects on schedule.