I am leaving my salary job and want to buy another investment property.

All high level thinking but the key at ground level is that all of the above keep your tax dollars making a return for you and don't have to leave your pocket.

Now, I expect to continually grow my income over time, even in retirement, and will be taxed higher than I am today, which ironically, creates a desire to leave my W2 so I can access the 401k balance sooner rather than later.  

Open to criticism; please leave any questions/comments/let me know if there is anything I forgot to mention (as this is all a learning process for me)Thanks in advance BP community!

As my property manager says, no matter how good the property is, any tenant will want to eventually leave and go to a better area.

Hi Rex,You can do it in the CPA format that lenders like to see, or you can do it leaving out your personal life items.

a) I have a full time job that I cannot leave at the moment. 

Or is it likely they may leaving something out of their calculation (probably some expenses)? 

One tenant moved into the newly rehabbed unit, leaving their older unit ready for rehab.

Whether that money was 100% of the purchase or just the down payment and the rest was bank financed, you'll want to get that money out (unless you and your private lender are ok with leaving it in the property indefintely).