If you hold the property in your name, they will want to see your tax returns including form T776 for the past 2-3 years.If you hold the property in a company, they'll want financial statements for the company (minimum) and possible corporate tax returns as well.  

He also taught a class on Financial Analysis of Income Producing Properties. 

There are people sitting in prison for committing fraud with federally regulated financial institutions on real estate.That you are even asking the question could be evidence enough of your intent NOT to occupy the property.

E.g. if this is in a quickly gentrifying neighborhood and your personal financial situation allows it, you could take a risk and underwrite it at a level where you are just-about breaking even with your mortgage +  operating expenses. 

I am ready to build my own financial freedom and am focusing on multifamily properties with value add potential.  

I don't want to haul that around with me that's for sure.How can I use my location independence to accelerate my journey to financial independence?

I heard that the first property is the hardest and then it gets easier, but financially I don't see any advantages to having 1 property already in this situation. 

Sounds like you are starting your journey to FI (financial independence)!

The BP forums, podcasts, books, and meetups have helped me gain a better understanding of how I want to use real estate to gain passive income and eventually financial freedom.

Any lenders or companies who would work with me if i have a rented property but no financial history.