I'm trying to maximize my savings.

I have opened a separate account for my first rental property, but I'm not sure if I should open up a second account to deposit the Cap Exp, Maintenance, and vacancies savings for that rental or what is the best way to do this.  

I have no debt and probably enough savings to use a 20% down conventional mortgage.

My personal finances are in a decent shape; minimal debt and some money saved (not enough to cash buy or put down a high down payment),  My question is, should I use a HELOC  and use that to help leverage another deal or would it be best to rent the property and after 6 months claim that as income for another loan? 

I’m 23 and married with a 40 hour job that I would love to leave some day, I have $20,000 saved up with no investing experience.

During the Great Recession many home flippers used their own savings to purchase at then market rate.

But I left the farm and worked in industry, where I earned money from my labor (time --> money) to buy the 2,000 calories a day.I knew that if I saved a portion of my income and invested it in income-producing assets (money --> money), the day would come when the income from those investments would be enough to buy the 2,000 calories a day I need to stay alive (my parents were struggling farmers in what is today the Rust Belt and were always looking for innovative ways to survive financially).

I have spent the last year working two jobs to save money and at the same time improve my credit.

We do not have much in savings for a down payment, however, our friends agreed to sell us the house for well under market value.

Unfortunately, my cash reserves for down payments are gone but I don't want to wait till I save up another 25% that the bank requires for a loan, so here is my plan.