You don’t want to shop at the local home depot every-time your GC needs something.3) Apply for 0% interest credit card for all your material buy and keep it rolling for 12-18m.

You can always credit the cost back if they take the unit. 

(UNLESS OWNER OCCUPIED OR CAPITAL IMPROVEMENTS)If the land lord supplies heat, rent increase shall not exceed 4% otherwise don't exceed 3%.tenants 65 or older 2%new tenants increase can not exceed 5% over the last tenant's registered rentyou must provide a new tenant the previous rent amount in writing.you must apply to the city for each increase with 60 days notice, depending on the US department of housing and urban development for a unit of similar size.fines will be levied on a daily basis if in violation. 

The seller has to trust you will all his money, credit and much more - usually these deals are better with relatives or good friends2.

Once I have located such a property, I buy their property for below market, (instant equity) no bank qualifying, no credit checks, by offering to take over their loan and make their payments for them.

Now if you have a health care company paying the credit part is no longer an issue and they do background checks on all employees.

My credit score is 720+ and a down payment for an average property in Louisville, KY shouldn’t be a problem. 

If your finances and credit are in good standing, it sounds like conventional would likely be the best way to go, if it’s your first rental property.

Similar to what @Lyndsay Zwirlein recommended, call your local credit unions.

My credit score is above 700, I don't have much debt (5k on a credit card and 20k student loans).