They are qualified based on the properties income vs the payment.

House hacking in San Diego provides opportunities for equity growth, increased rental income, and hands-on property management experience.

really quick and dirty, when you break it down I don't see what you need to pay :For lead generation, that's purely a "sales" topic. 

here's the shortest version on my situation:1) bought a house for mom in 2005 - she lived there til 2011 (not nearly long enough) did not charge rent2) rented the house maybe 4  intermittent years between 2013 and 2018; filed taxes accordingly with 'income' and 'depreciation'3) lived in the house between 2018 and 2023 when I sold it: almost exactly 5 years to the day 4) cash (after closing) was @ $240kA friend suggested that I may need to repay depreciation? 

An S-corp is a great way to save on taxes, but only at certain income levels as you have to weigh the new administrative costs against the tax benefit you receive. 

I've recently gotten really interested in real estate after looking at possible ways to generate long term wealth. 

I have saved enough for a down payment for a house and have a steady income coming in.

If your family qualifies, you can offset your active income with your real estate losses.

I would require them to show proof of income to verify they can afford the increase, then make them sign a lease.

Jennifer - If you have vetted the prospective tenant thouroughly (i.e. credit check, income qualifications, etc.), you shouldn't have to worry whether or not you sign them up for a 1-year lease or a month-to-month.