If so, are there any benefits to showing the income/expenses on tax returns for future investment property financing?

If so are there ways to get around it?

Things are expensive for a reason so are cheap. 

If so are there are there anyways around it?

Those two properties are in great locations and provide solid cash flow, but they're quite aged, and so are the home systems. 

Mine come directly from the lender, so are correct (because I am a mortgage broker, not a direct lender).

The cost of renting in the Memphis area is beginning to soar in what’s being called a red-hot market.When are we likely to see a price drop?

But if you spend too much time "ministering" to someone that doesn't actually want the change then you miss out on the willing people that, with guidance , would soar.

.• With recent demand, asking market rent growth is soaring, to its highest level in 20 years at 12.9%.• More than half of San Diego submarkets recorded double-digit rent growth and asking market rents have grown by an average of 17% YOY ($2,600/month).• The current pipeline of 7,300 units will be unlikely to apply much upward pressure on regional vacancy rate.

Lean and quick, no extra mouths that have to be fed.While you save and learn, drive for dollars (tired plexes are my favorite) and talk to garage sale holders and ask if they're planning to move.  40% or so are future sellers or tenants leaving.