To do so, you'll have several different types of tax consequences to consider: property, income, gift, etc.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.

Do not let the tax tail wag the income dog here. 

How do I go about verifying her income from the VA?

I'm wondering how private lenders get taxed on their earned interest as they loan money to RE investors.

Also, my CPA filed the income as 'short-term capital gains', and after a bit of research i've seen that my income was suppose to be reported as standard income, or is that not a big deal?

Did incomes feel 16X?

But also don't want to buy something that doesn't generate income.

I use Excell to keep up with income and expenses and any repairs or improvements. 

                                           - Condo- pro's- own something that will appreciate, can still be in the city, can rent out if we move- passive income.