Your best bet would be to consult with @Sarah Larbi.

Just wanted to formally introduce myself and per suggestion of the Podcasts - would like to get more involved in the forums.

still working on my three E's as well.EducationExperienceExcess CashI willing to bet that the deals will come to me when I have these.

The reason I mention the 'high income' in particular is simply because right now, I seem to be a pretty solid bet for most lenders whereas I'm not sure if my net-worth in stock will be sufficient to get a good mortgage rate since my 'income-to-debt' ratio will be dramatically different.I don't intend to try taking on a bad deal in the short-term just because of the whole mortgage-lendability-risk issue, but I'm trying to figure out how much of an issue it really even is in the first place and how much I should take it into consideration.If I don't have an active income, presumably (and please, correct me if I'm wrong here) I'd still have some potential to get mortgages, but they'd be at a higher rate (e.g. maybe a couple percentage points higher)?

I involve other members of my team to get their input and make sure we're all on the same page.As far as a depression coming, it might occur or it might not.

For example, let's assume I live in an area where rents re $1000 / month:If I buy a duplex that rents for $1000 per unit per month:With the house hack, my rent goes to $0/month, I'll get $1000/month for the other unit, and I'll have to pay expenses involved in owning/managing the duplex.

I’m torn between buying property here and renting it out but then when I leave I either have to unload or get a management company involved. .

While they may be flipping houses or syndicating deals they may not be doing it lawfully and it is best to always get an attorney involved before hand. 

So I'm surprised by the minimalist bookkeeping.Thanks @Linda Weygant....I had the same thought about the IRS: I bet if they were audited they'd come up with some figures pretty quick!

They may want more than 50% split though, depending on how much cash is involved.