So, finally, I suggest you start saving up aggressively for a down payment on your own place in this tough market.

Seller suggests 100k is needed and he could be right but the lot rent alone could be 400 a mth so the units in hand could be sold for a few thousand a piece.

All suggestions are appreciated. 

Treasury Regulations section 1.280A-2(i)(3) suggests a couple ways you can proportion the rental portion of a property, including using square footage (which is most common). 

Any suggestions on specific banks that may be more apt to work with me in achieving this?  

They and you may not be on the same page as to qualifying income.You can get the data, but you may not get the formula used by that administrator/PHA, best thing is to post your desired rents, it will be reviewed and if countered with a different amount go with the flow, agree or say next.

Fresh out of college with no money and no experience, I suggest you:1. 

For what you want to do, which I think is very honorable thing to do, I would suggest you take a different route. 

Balancing that against your (company's) value-add comes down to salesmanship on your part.Here's how you may want to handle those questions (just a suggestion) ...Them: "... and would you consider lowering those fees?"

This is a proactive approach that helps ensure that you have the necessary information to prepare and file 1099s accurately and on time.Another best practice that I would suggest is to maintain accurate records of all payments made to contractors throughout the year.