First Rental Property

[Dave Villa]

So I've been researching a lot on real estate and have been saving up for a good bit of time. I have good credit and enough for a down payment but unfortunately my income is 1099 which means it's been hard to get approved by lenders - any advice on this?

Also can someone clarify how being a first time home-buyer effects your ability to rent out the property (do mortgage companies allow you to rent the property or is there an expectation that you will occupy the property because you are a first time buyer?)