Which makes him odds on bet to be a “bad” (no pay - late pay) tenant2.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

The tenants know the mini split is their best bet for controlling temp on their side, but they do not want to not pay for the energy to run it and would prefer the gas gets used (gas is included in their lease.) 

They are your best bet at breakeven or even small cashflow but they will not appreciate near as well as a newer townhome.

It wasn't the messiest thing I've seen, but still required clean up on my end which the clients weren't happy about at all.The third client is a self employed hair dresser and she compained of poor communication, inability to understand what they wanted form her and complete confusion over their payroll directions.For the price paid, I'd say the results were mediocre at best.

I would say, your best bet is to reach out to property management groups in your investment area that specializes in section 8.

You best bet is to contact a realtor, and have them run comps (most will do it for free).

An official background check and personal referrals can help you identify red flags unrelated to finances, such as poor tenant behavior or previous criminal activity.

I don't know Waco economics at all, but I'll bet there are 1000 units of some kind available for rent a town of 140-150,000 seems like a lot to me. 

Quote from @Jonathan Greene: Quote from @Jay Hinrichs: Eh  what about the gentlemen from Evergreen Colorado who just hammers on poor Pace Morby calling him all sorts of things.. etc.. for me I am surprised Pace has not sued him.