yes unfortunately that is correct. I noticed this is the second time you have asked about a property that has outdated information. It is pretty typical of Trulia actually. If you would like I can start sending you properties right now that are the most updated out of anywhere you will find. Actually, Trulia gets their properties from our listing service.
It does not cost you anything to work with a Realtor almost 99% of the time so you have nothing to lose. I would love to hear more about your home-buying since I live in Vadnais Heights.
The others are correct you can not use projected income as part of traditional financing, but you could if you tried a rent-to-own or contract for deed. This was a short sale so traditional financing would be the best route unless you got an investor to purchase the home and then sell it back to you.
I live in Vadnais Heights so Centerville is one of my primary areas. If you would like some help please contact me directly through Trulia.