The voucher is the most that Sec8 will pay for that person’s rent regardless of where they rent.  2) The second part of the Sec8 equation is the market rates for specific neighborhood’s and property types (SFR vs apartment, # bedrooms, # baths, utilities included vs paid by tenant, etc).

There are any number of Real Estate schools available to you, so choose the one that compliments your learning style, whether that be online or in person or a hybrid. 

True, converting a personal Schedule E to a partnership will indeed reduce your IRS audit chances, statistically speaking.

You can find it through the MNREIA web site or email me if you have any troubles.Type @ and the first few letters of a person's name to link.

Any insights or personal experiences would be greatly appreciated!

they're not magic.are you going to in-person / informal meetups? 

It will be even harder as a young person with no life experience, and particularly no experience buying real estate. 

If it did flood though, I personally would steer clear.

Would you personally intentionally go out and do this?  

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.