Then they admit they don't own any rentals or income producing assets.

A property management company pays 15.3% self employment tax on income. 

When I self-managed C Class properties, I would put the requirements for tenancy in the rental listing (3x rent in income, 1-month security deposit, criminal check, etc.), and then when the potential tenants called in, I would speak to them for a few minutes, explain the requirements, get some sort of verbal confirmation on some or all of the requirements, and then invite them to different showing times I had set up.

what if the laws changed and that impaired your ability to get income you needed to pay your mortgage?

No income No doc .

They asked about fico and income.

Can you (or someone else in your house) find a part time job to bring in extra income? 

Here are some considerations regarding the tax implications and getting started in real estate investing:Tax Implications: Cashing out stocks may trigger capital gains taxes, depending on factors such as your income tax bracket and how long you've held the stocks.

I do have to pay taxes on the income, but some of that I can offset with expenses from other rental properties. 2.

When you graduate, fill your space with another student and then buy another house hack while you get started in the business world.Yes, you should work the "boring 9-5" to generate income and qualify for loans.