If you get a title policy, it will insure your leasehold interest not a fee.Also, I believe there's no HOA, only a BODs of the corporation that handles its administration. 

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

If you're just starting out and have limited funds house hacking is a great place to start.Simultaneously, work your tail off to get your W2 income up. 

But, could I minimize risk of renter defaulting on payments for the 2nd property by turning this property into a section 8 housing unit with guaranteed income from the gov't?

You can request those tenants to clean the bathrooms through rotations or just charge them a small cleaning fee to hire cleaning crews to clean the house 1-2x a month or you do the cleaning yourself to save up money and have extra passive income.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

I want to build a rental income portfolio in milwaukee.

Of course, if $10k is what you are after, you could take $10k & reinvest $10k and grow your future stream of income. 

Here’s why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

How much do you deposit into one bank account past 18 months = income - 15%