Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.

These are non-standard setups.

If you're not accredited, then I would say the rare syndication that accepts non-accredited investors, or something like FundRise or Crowdstreet or other crowdfunding platform, would be how you get that "riskier" side of the barbell to weigh more.And thanks for your feedback on FundRise, Crowdstreet, Farmtogether, and Groundfloor.

The options are going to non QM lenders who allow this.

Most non-qm loan products will never have a 95% LTV due to the inherent risks associated with these type of loans not being traditionally backed by fannie or freddie (investment banks).

Rent cannot be more than 50% of income, 59% if it is non-taxable income.

I could not find e1031xchange as a business entity in the State of New York (https://apps.dos.ny.gov/public...).

I have personally advertised in Realty 411 its a real publication and as I stated  Linda I have know for over a decade personally and I am real I have 50 years in the real estate game..

Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? 

If a company is performing poorly, they should allow to break up for the release.Failure to do these kind of things...results in bad publicity for the company like this post does.Thank you for sharing your experience.