Buyers can also qualify for a Title 1 FHA loan on a home, lot, or both combined so you can pretty easily tap the first time home buyer crowd.

Combined our team has over 15yrs experience of owning and managing 1-4 unit rental properties.

___If your mentioning solo influencing your traditional, I will assume you have a job outside of your OWN BUSINESS.If you have another job, your maximum employee contribution is reduced by any contributions you made as an employee to another 401(k) or 403(b).The employer contribution is limited to half of the difference between your net earnings from self-employment and the employee contribution.The employee and employer contributions are limited to a combined total of $57,000 for 2020.The total contribution is limited to your net earnings from self-employment.

Maybe a combination of these things depending on the property?

I see a few options, although I'm sure there are more:  1) tap into the equity in your current home to use as a down payment on a rental property. 2) rent out a room or two in your existing home (this could also be in combination w/ scenario 1) to help with your finances while you leave the job you hate. 3) use your equity to buy a house to flip for additional income 4) use the equity to buy something you can either house hack or do a live in flip while you rent out your existing home.

Meanwhile our eight tenants owe a combined $18,500 with one in particular totally taking advantage of the situation and hasn't paid us a dime since a $200 payment in July.

Most of them think they are unique but I've rented and sold to more people from those four states than all others combined, including locals.

When she was doing this, the long-term lease combined with the Airbnb income grossed her about $5,000 per month. 

Combine that with down payment assistance and seller concessions, you might be able to get into a property for not too much out of pocket.

(Writing things out is the best way i learn) This example is from a combination of things i have learned from bigger pockets as well as books i have read and market values i have been trying to keep up with.