Unless you have developed software or paid someone to do it people often do not understand the cost involved.

I have worked with several clients in a tax capacity who are involved in informal partnerships.

After thinking about it further a good ol BRRRR at 300k is my best bet.

- Do you handle evictions and the legal aspects involved?

Some guests would feel super comfy still, I bet.

4. what all more is involved with Section 8 tenant than a normal tenant moving in from paperwork or procedure point of view?

I think Airbnb is your best bet for cobbling together MTR pricing. 

Best bet is to try to work it out with the tenant.

If you’re just starting out, a long-term rental could be the safer bet for consistent returns and lower management hassle.On the other hand, some investors prefer out-of-state opportunities for better cash flow and affordability.

It involves minimizing living expenses, building equity in one property, and leveraging that equity to buy another after a year.