From there it's up to you on selling. 8 years you should be not breaking even unless this place is in a rough area or needed a ton for repairs over the years.

Many of the section 8 tenants I've had give me little to zero problems and take care of the place as though it's their own.

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

Heck my local credit union pays 3.5% on its basic account. 

The property is livable, but I am account for a pretty significant turn in 4 - 7 years of paint, flooring, and any miscellaneous repairs that the inspector could have missed since it was occupied.

They do have policies in place, so if you're not willing to go all in, then this is not the software for you.

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account. 

Did anyone in one of the accounts die?

The court uploads its docket ussually days ahead of when the doc is recorded and uploaded to the clerk/recorders office.PAy attention to what they are charging once you go over your free limit for whatever account you pay for.

Quote from @Max Emory: @Bob Asad, there are a lot of different account structures out there but absolutely keep security deposits in a separate account from your opex/income account.