If so, they will automatically submit this for you to the proper agencies.I assume you're not talking about income tax or other taxes?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It depends on what your starting reserves are, but if you have enough for a down payment, I would look into DSCR loans for financing, as you can qualify based on the property's cash flow as opposed to your own personal income. 

How much more rental income and what's pricing looking like for the driveway?   

I think a full time income as you learn the business will allow you to sidestep some of those pitfalls. 

They are all on the same sports team and have no "proof of income."

Here is where the strategy comes in:When you move 401k stocks to a brokerage account via an NUA transaction, you pay income tax on the cost basis (And maybe a 10% penalty) but NOT on the gains until you sell. 

Both meet the income requirement of 3x rent on their own and have excellent credit repayment histories.

Then, weigh the options: sticking with the current rent ensures ongoing income but might risk tenant dissatisfaction, while offering a reduction can incentivize renewal and save on vacancy costs.

First thing you need to do is identify if you are wanting an income play or appreciation play.