THere is a loan I have seen folks using in the past... not sure if it is still available but it is the MACU90 loan with mountain american credit union and it is a 10% down investment loan.

The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements. 

Then it shifted to more flips and rentals, with a lot of discussions on how to capitalize since the credit markets were frozen.

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K. 

Freddie Mac will allow you to finance each property and the Maximum is 10 loans on credit.

Experts in that area will know, but the internet is a huge tool.

If the property were owner-occupied, would I only receive credit for one rental unit's income, while the non-conforming basement income wouldn't count?

Not reported on credit.

However, you can claim a tax credit on your California return for taxes paid to Oregon, mitigating double taxation.If you only plan to own this one property, consider using umbrella insurance as an alternative to an LLC.

Check with your local credit union