Look into small multifamily 2-4 units.

If I borrow money from someone directly what is the proper way of doing that?

A small portfolio in your name is fine with proper insurance. 

@Nixon Corpuz 401k plans are by their nature participant directed.

Feel free to direct message me and I can pass on their information, they would not mind speaking with you.

Only #4 directly concerns S8, but all can apply to any residential rental. 

These typically do not require any personal credit checks and are directly based off the property in question.On top of the $10-15k as a down payment, do you have any capital to invest into the property? 

Paint and some small updates

I'll send you a direct message.

Happy to connect point you in the right direction.