If your business entity has an accountable plan for business expense reimbursements, make sure to issue the appropriate reimbursements in December.

the issue is that HELOC money is expensive money. 

These will eat away at any "cashflow" you may have.2.Tenant Issues: Properties in certain areas may face challenges with tenant behavior, making it tough to maintain the house long-term.

So, they just stayed vacant.Income reliability is another major issue.

There is a lawsuit from a company that invested in a deal with someone on BP (not this group) who ironically changed the name of their company after multiple failed deals) that is suing the GP and people personally for negligence because the sponsor did not do what they said they were going to do.

I've been teetering around the idea of house hacking once I am done with college, but a big issue I have come across when speaking to a mortgage broker is the fact that I need to prove 2x of the mortgage in monthly income.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Or, in most metro areas, you can obtain the list of permits that have been issued, and see who is receiving permits. 

Debt is rarely a factor in their issue. the ultra wealthy I know  with a few exceptions have very limited debt.. to no debt. 

Unless Quickbooks has addressed the issue does not have a specific real estate module so you have to work around it using customers as properties and jobs as tenants.