As a would be individual landlord with just a one unit single family property I don’t know I can stomach the risk or withstand a financial assault resulting from an eviction process for a non-paying tenant (or tenants that do extensive damage).I am seriously considering bowing out and selling.

In many states, this is public information.

First house in 2021 - no internet to search at that time, remember going to realtor offices and seeing magazines and talking on phone with them about properties available and driving by them as there was no google street view.

You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation. 

Depending upon the severity of the issue we will follow that up with a 7-day non-curable notice and get them out.

Instead of throwing your deal out to a bunch of strangers on the internet, I recommend you do your research to find a local expert with 20+ ACTIVE years in real estate in your market.

Also, dont work with big internet lenders like rocket, lending tree, etc.

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).

.- We’re planning to ensure we materially participate (within a 2-hour radius of the property) so that the rental could be treated as non-passive.- We’d like guidance on whether to hold our property in an LLC or simply in our personal names, including any tax advantages/disadvantages, liability considerations, and possible effects on financing.I want to fully understand the trade-offs between both approaches.

I have not seen a significant difference in this area between section 8 and non-section 8 tenants, personally.