Just thinking of ways to keep a home there in a “desirable” area.

I feel what you want to do and have done the same (operated units at a 'non profit' rate), but none of my single parent tenants were in a position to or even had the desire to own. 

@Daniel Suarez, Another option depending on your desire to go deeper into the sec 8 world would be to 1031 and purchase multiple less expensive properties. 

The desire for a single-family home is still greater than condos as there are still folks not wanting to be around crowds.Now, of the four features above, proximity to the beach probably places #1 followed by having a pool.  

So, just like their constant attack/desire to repeal Obamacare, they looking to go after the IRA Act just like they are trying to kill the additional funding to the IRS. 

Working part time for a private real estate investor, while not the most desirable experience, can still provide the experience, expertise and know how needed to succeed.Raising investment capital from passive investors is always difficult initially.  

Will the townhouse be desirable as a rental?

Waterfront is usually desirable and it depends on what kind of boat can fit, how nice of a view, etc.

I'm currently looking for a property to do a brrrr in or near that area  Alabaster is a desirable area for those working south of Birmingham but can't afford to live in the higher priced areas they work (Hoover).

I used this equation to back into my maximum allowable offer (MAO)ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO