In our management company we have cases where section 8 covered 200/m.

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).

If you're really serious about it, I'd focus on building relationships with operators and capital raisers — those are the people who can get you into off-market deals before they hit the public.I'm not pitching anything, just sharing how I personally incorporate syndications into my multifamily ventures.

Instead of debates and personal opinion, look for proof https://www.ladbs.org/docs/default-source/forms/plan-check-2017/single-family-dwelling-duplex-plan-review-list.pdf under G (Interior Env) which defines the minimum requirement of a habitable room (aka bedroom or bathroom).

A nice but expensive duplex on a beach or in an expensive area might be ideal, if you can swing the other half out of personal funds. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

This seems strange since PPMG (my property management company) is vetting these renters.

@Keith Mintz Will you be running the house or leasing to a company that does sober living.

Can Texas ID has employing company’s address?

Just outline expectations and roles, and what each of you guys are going to do, and how properties will be acquired and how they will be disposed of, and how and when money will be taken out of the company and you should be good.