Is that considered financial independence?

I see (or at least I think I do) potential to reap financial benefits in this market.

`(II) LIABILITY FOR REPAYMENT- The mortgagor shall agree in writing that the mortgagor shall be liable to repay to the Federal Housing Administration any direct financial benefit achieved from the reduction of indebtedness on the existing mortgage or mortgages on the residence refinanced under this section derived from misrepresentations made in the certifications and documentation required under this subparagraph, subject to the discretion of the Secretary.

When I find a property with good potential I send it out with pictures of the property, floor plans, sales comps, rental comps, and a financial projection sheet.

And this is all a matter of preference and your financial situation.

I think you may be in the wrong subsection as to wholesale you generally do not need financing, hence the beauty of it.I would go up and check out the financing subsections.Needless to say, financing can be one of the most daunting parts of REI, if you can get it straitened out, you have won half the battle.

We have been landlords before (although single family) and my question is basically a financial one.

I'm a little worried that a Banker/Realtor/Lawyer won't take me seriously because of my age, but my parents said they will sign on a loan because I don't have any credit history.My major goals are to have a stream of income in college and to be financially free when I leave college.Does anyone have any advice for me?

Would it make financial sense to spend $2,000 to cover the home moving costs of a potential resident?

They will look at your financial situation, income, debt-to-income ratio, all the normal things.