1099 employee thinking of starting and using S Corp to buy house

[Kevin Smith]

I am a 1099 "self employed" musician out of Nashville. I'm wanting to house hack ASAP but I show so little on my tax return that I would not get approved. I'm looking into starting up an LLC taxed as a S Corp to relieve some of the tax burden. Could I purchase a house through the S Corp and claim the rental income/mortgage paid as income/expense? Does anyone have any experience in this world?? Is it legal? Is it smart?