Do they care if it's financed or cash? 

@Kyle Luman I’m not sure if you understand the nuance, but your post made me wonder so I’ll share some insights in case it wasn’t clear to you.

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

I provide all built in appliances but not the fridge unless it came with one and I don't care about it.

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

I do all of my commercial business with my credit union so I wonder if that has anything to do with it.

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.

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.

Thank you76542 is going to be the best zip code to be in. 76543 you are going to want to tread carefully and be sure to check the specific neighborhood and street you are looking at. 76549 has 2 divisions that are very different.