Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.

And I would love some passive income or at least someone to pay my mortgage until we can pay it off maybe.

Lender does not look at your income, just your FICO and they want to see rental income.

I purchased both as a package and for the next six years enjoyed great cash flow as I paid the tax on the house lot annually at about half of what it should have been and neglected to pay anything on the tennis court lot.  

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I did most everything I was supposed to do, increase my income, decrease my living expenses, save cash, etc.. 

This is all depending on your credit and income meeting the guidelines of course.

Do you know if there is a service, monthly or annual fee for opening one of these accounts? 

Went a bit heavy on the annual taxes due to the increase in the area the past few years.

@Gregory SchwartzThere's nothing passive about passive real estate income.