when the OP said the bank is WILLING to take 91k to me that means or infers a default situation and a discount..

Another thing to consider is your goals for this first house hack and your living situation.

I’m also considering advising my tenant to look into Section 8 assistance, as it could help support their financial situation while allowing me to adjust the rent closer to market levels.

@Erlson Neba Much less stress and headaches than rentals especially for lower end areas where the ongoing maintenance will most likely diminish any return you may hope to make and where appreciation cannot be expected.

I am in a very similar situation  @Chris Scarazzini just starting out!

Every investor  has a different risk tolerance, comes from a different financial situation and has different financial goals.

I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season  @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

buy and hold situation Lessons learned?

Hello so I am in a situation that I am trying to figure out with rentals and loans.

To be fair, I've encountered situations where the Section 8 rent received was higher than what cash paying tenants were paying.