I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable. 

They should be leading the charge, explaining the process ahead of time so that you know they are large and in charge.Definitely look for a new PM.

He mentioned he has a large network of private lenders and would be willing to help me out. 

Another great strategy is to open up a line of credit to help pay for any large repairs or capital improvements for no less than $25,000

From what I have seen, only players here in US that go that route are the large funds like blackrock etc.

The emotional attachment to the idea of paying off my mortgage early still looms large in my brain though.

I always worry when people putting large sums of liquid assets into deals.  

Note my response is for my market and may not hold for other markets.I look at large volume flippers for guidance.  

Along with my wife, 2 yr old daughter, and one yr old son, we have two large dogs that stay indoors with us. 

I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I've spoken to a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).