Some lenders will adjust the depreciation back out of your income to show higher income to qualify.

It doesn't guarantee success in real estate investing.

I rent to higher income earner tenants who in Socal often have dogs and want a place that's nice, with a yard and allows pets.

Background:First-time home buyerUp to $100k for downpaymentOpen to explore different parts of the city or even other statesOpen to leverage FHA or DPAWilling to settle for breakevenReady to close ASAPChallenge:Finding a property that can fully cover the mortgage through house-hacking and breakeven or potentially cash flow in Vegas, or other no-income-tax states.Request for Advice:Scenario 1 - Stay in Vegas and find a property that is viable to house hackHow are people house-hacking in this market?

The cashflow would then be supplemental retirement income for them.

There are a lot of full-blown property management software systems out there with accounting modals (Builduim, Doorloop, Rentred, to name a few) but they do a lot of other things besides accounting, bookkeeping, and taxes so not the same thing as QBO.QBO has a few cheaper competitors Stessa & Digb.com that are specifically set up out of the box for real estate investors (e.g. income/expenses categories are things you'd recognize like repairs, appraisal, etc.) and there is no need to set up a separate class for each of your properties since the portfolio already includes these.

Your personal income can be of no consequence on an investment property. 

So W-2's for 2021 2022 2023 are similar total year income?

I am 51 years old and this is my income.

@Eric Lowder something to be aware, when you get your next loan, the lender will look at your schedule E to determine rental income from your property.