I financed this property using down payment funds from 403B and a local commercial bank.

Are there going to be banks involved, creative seller financing or all cash? 

I've done refis with section 8 tenants in the units from traditional banks and dscr lenders.

First, banks do not prefer W2 income over 1099 income at all.

Brett,I have never heard of that company but any reason why your not using an FDIC Bank or well known lender? 

This deal was the catalyst that got me into the mortgage banking industry.

It links to our business bank account and our business credit card so come tax time, deductions should be easier.

now if you could get a seller to be the bank I get that you could smoke and mirror those deals.. but i would think those would be picked over low value or properties in the worst areas of town etc..   

I'm not an loan officer, but I know some banks locally like ORNL Credit Union have offered a 0% down conventional loan product.

You would want to look for an owner that has a loan through a bank or credit union or one that has no mortgage.