Take care of any reasonable property related issues quickly and expect your tenant(s) to take care of their responsibilities quickly also. 

Do they care if it's financed or cash? 

HOWEVER, I recommend reading Stuart's advice above very carefully and perhaps soliciting his feedback on the deal in more detail before putting too much more time into it. 

I would be careful about sourcing these types of lists from other operators, it takes awhile to build relationships with various companies and most of the company contacts don't like their information being passed around

Finally, we do not care about your tax returns, etc.- since these loans are primarily based off of the asset as collateral.

I think it’s the only way to go, learn a lot, you care for your property the best you can, etc.Steven

Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc. 

Dealing with the accountant first, who cares?

I would be careful about doing something in an effort to "make positive cash flow".Section 8 has its pros but there are an equal number of drawbacks.

Well it will need to be life changing events like having kids, new job, divorce, taking care family members etc but the rule of thumb is to live there for at least one year then being able to rent it out and converting it into an investment property.