@Jay Fayz Do you have a source of regular income? 

Median incomes are an insane gap from cost of household/properties.

I think it is pretty rare that people getting free space rent actually work enough to earn it. 

--> Passive income doesnt mean tax free income.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

The rental income from the first home will pay for the mortgage/monthly costs.  

But with that one lender I found I am not lendable due to not having proof of income for the last two years.

It's not fool-proof, but I think odds of earning 7.5% using a barbell strategy in the average year on your money is 97% likely with very very little effort. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I really like that Stessa and Baselane offer high earning interest accounts and physical debit cards and sounds like Stessa offers checks.