"Beginning in January, Jerome Powell (Chairman of the Federal Reserve) plans to appear before the public after every FOMC meeting." 

According to the IRS’sOffice of Research Publication 6961, it received almost 6.4 million 1099-Cs in 2015.

Also ensure you screen your tenants well... there are many programs on the market that will help screen, but I find social media is a great place to start.  

You COULD place the property into a Land Trust with the LLC as the beneficiary with your partner and you as the trustees (managers,) which would help conceal your names from public record.

The regular FHA program is a solid option, although you normally have to buy a nicer property.

I notice in IRS Publication 537 that real estate dealers are forbidden from using the installment method and must realize all the gain in the year of the installment sale however it references some special rules in 26 U.S.

I believe there are programs and grants available for first time home buyers as well.Will anyone please shed some more light.

That was a special program back then, not sure if it's still done.

@Lisa Maturo Not everyone qualifies for FHA, so you might as well take advantage of the program while you're qualified and can live in it!

I believe that guy I spoke about ^ had a list of contractors that are already approved through their program.