My partner and I are the creative investors that can guarantee we will put in the sweat equity to ensure a successful relationship. 

Although I know most sec 8 landlords use it because of the perception of guaranteed rents.As a small home builder I really dont know how they are going to lower the cost of new construction housing unless the govmit subsidizes it somehow.. basically the price of home components are very sticky they only go up. with the xception of lumber that will go  up and down through out the year..

Here's the City link for you to reference. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...1) ADU regulations specifically exclude Short-Term Rentals so don't do it if the intention is to short-term rental. 2) The ceiling height oh 6'10" is almost guaranteed to trigger digging a basement if you want to formalize as an ADU unit, especially if that height is further reduced by pipes or HVAC. 3)Ingress/egress is an issue for renting, as is that any bedroom also will need two (ie operable window/doorway).

As Jay noted, why don't you focus you energy on delegating tasks to employees. you may find a pwrtner who has similar motivations today, but it's almost guaranteed that your interests will misalign down the road.

Just because someone has a voucher doesn't guarantee we will accept them. 

Actually the last time I opened it it automatically forwarded me to the new web page and until that happened I hadn't realized that was what had happened.   

After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!

A little less “guarantee” of competence (most CRE holders are also CCIM, but not vice versa).  

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.

Unless you supply the 3M ones I guarantee the tenants are going to use the Dollar Store ones that leave torn paper everywhere.