I live 100% from the income from our holdings. 

(You act as the bank)Charitable giving to offset gainsTransfer the home into a trust (Like a CRT for example) that will avoid capital gains tax and you can have pay you a set income stream until your death and the remaining funds would go to charity.None of this is or possibly could be advice, I don't have enough info to fully know what is "best" but these are some ideas to think about!

By renting out the additional units, investors can cover their mortgage and expenses while generating passive income.2.

Neither of these require income verification and much easier to navigate versus conventional. 

HELOCS do exist for rental properties but you are usually capped at 65-70ltv and these will most likely require a full underwrite that takes into consideration taxes, income, dti and all the normal quasi-associated red tape.

Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.

Is it wise to look at places you can afford alone, or use rental income to offset what you can afford?

I’m looking to invest in a portfolio of multifamily properties to eventually replace my full time income.

However, one of our objectives is to reduce the tax burden we face on our W2 income.

Nevada has no state income tax and the 4th lowest property taxes in the United States.