The positive is that odd's are your going to find all kinds of poorly defined grey-areas, well i should say depending on how you view things.

Before dismissing the program it is very important to define "qualifying income".   

Hi @Mercedes AnthonyI love that you've clearly defined where you fit in the realtor ecosystem.

If he is not paying his rent I definately would not enter into a seller financing situation.   

Define what you want and create a financial model for that imaginary property, you can use a BP calculator.

I suspect unless your in a defined Runway easement ( and they are defined) how can you disclose for aircraft noise.. winds come from all directions the runways change with the winds if you look at a High Altitude Sectional you will see there are highways in the skies and each airport has numerous different published approaches to use..

If it's an existing property with a mailing address, the typical WI Realtors Assoc. approved Offer to Purchase defines the property being purchased just by the mailing address (street address, city and county in WI are all entered).

It looks like Hampton, VA  defines a short term rental as 80% of business receipts coming from less than 92 days rental period. 

You might want to think about your overall financial and real estate investing goals before the meeting to clearly define what you're looking for in a CPA/advisor.

On another note when it comes to partnership you need to clearly define everything.