But we bought at a price point where the mortgage was well within our ability to qualify for a SFH.That way, if we hated being landlords, we would end up with a house whose mortgage was in line with what we would spend anyways on housing. 

Managing an airbnb is work as host has to make sure house is clean because reviews are important.

Review their management agreement.

I do not work right now and spend about 12 hours a day, 7 days per week, on learning about real estate investing with a current dream of being able to walk again someday, work,  and to contribute to my family again.I do not know why this happened but I will continue on. 

But I would spend some time and effort on marketing to find deals and not worry about w-2 because there is no way you are going to get an FHA loan anyway.

*****I DONT THINK SO - MEDICAID Is going to ask where the house went - maybe they dont catch it right away but they will - *** family didnt appear to do any estate planning - they will need to spend that money on her careThe way I can put it if the family is wanting to get out of paying - and they think spending $3-6k or whatever amount is needed for her care is too much then they need to factor in 24/7 care at $12/hr + 15% for taxes, food, utilities, rent, insurance, outside upkeep, maintenance etc and add that up for a month and they will see what a bargain ALF can be

I've also met with a developer who said he looks to "double" on every deal  - meaning he is spending 200k for land/permits/materials/labor and targets a 400K sales priceIn my area, 4 units+ is the trigger point for all sorts of additional complicated planning reviews and requirements, curbs/gutters, traffic studies, environmental reviews, etc...       

So a math example would be: buy for $100,000, spend $20,000 fixing it up, sell for $150,000, pay taxes on $30,000.

Just spend your every available moment searching and turning over every stone to find a deal. 

I can usually find nice MFs in good areas (Merrillville, Portage, etc) at 12-15 caps, but i spend good money to find the deals.