A couple of years ago after hurricanes such as Katrina, Sandy etc. the gov decided to end the subsidies b/c the program is in bad shape.

Hmm;  Stated Income was a primary cause of the 2008 meltdown via the 125 Loan Programs (aka Country Wide and some others). 

Just my two cents regarding USAA & real estate- some people are thrilled with their mortgage & realtor programs- others, not so much.  

You want to make sure the lender that you are working with has expertise in this program.  

Some insurance companies will not cover insect damage to your building or trees and shrubs if you cannot prove that you had it on a pest control maintenance program.  

Do you use the program in any other way or just for collecting rent?

I have a friend who acquired the list, then he made his own program to take that info and convert it to an excel with each property address in their own cell.

Also outside of some government supported programs (e.g, FHA, VA) most lenders want to see a substantial down payment, which is a huge barrier for people who live paycheck to paycheck.2) There are lots of reasons one might need a place to live immediately (e.g., new job, divorce, starting school).  

Although, occasionally you might get local programs to help with the downpayment or credits on your tax return, you'll still will pay PMI of one kind or another without 20% down.

- What stipulations does your loan program have that other hard money lenders do not?