Thinking about adding some low income rentals

[Tim S.]

Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).

If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint and new carpet only).  In Augusta, Georgia, a 3 bedroom 1 bathroom is $675 per month guaranteed from Section 8.

Any tips from investors with low income properties would be appreciated.

Thanks!