I'm highly vigilant trying to prevent identity theft, this is one of the spokes in that wheel.Tyler Mullen, CFE

While the fact that you have a w-2 "day job" does not prevent you from setting up a Solo 401k, you would need to work in the business and report your own self-employment activity.

That works out to about 25% - 30% of the rental income for those 2 years.There likely is no loophole unless there is a law that prevents this.

you could do a lease option, or  a delayed settlement with right of possession you could give the seller a skinning contract subject n an auction, you keep the overage juicemaybe offer to buy the mortgage at a discountyou could do a management agreement with purchase optiona simple "wrap mortgage" would workpossible create an LLC for seller with one asset, buy the LLCif you take property "subject to", make sure you have the deed signed and held in escrowhave a management agreement signed, so the lender can be notified to communicate with you in all matters related to the property and mortgage  - this will help to prevent due on sale clausehave a written "meeting of the minds statement between all parties to the transactionmake full disclosuremake sure your assignment clause is in orderget a title searchvideo property before possessionmake all mortgage payment on timeif there is some equity you could put together a partnership to rise some cashcanvas all other owners on the street for more deals, record the deed and get a new mortgage (but always ask first for a pay-off discount before closinggood luck 

and experienced investors (what can I implement into my daily routine that could help me achieve greater results?).

I have found that cutting it low to the ground and covering with an upside down flower pot will take care of it in a season and prevent it from growing back with a vengeance.Remove the light and oxygen and it’s gone for good. 

The latest city to implement rules is Toronto.

If not, how could this creatively be financed to prevent putting money down?

Any thought about how to prevent scammers advertising our rental and getting applications, security deposit and first month rent? 

Coincidentally, I have a bed bug addendum that I have my tenants sign and it says, among other things, that: "Residents have an important role in preventing and controlling bed bugs.