Our family owns a home occupied by a section 8 tenant.  

I’m having a hard time figuring out the answer to the last question at the end of the chapter in the Hone Your Skills section.

Each corner of the finance industry is completely different, and nobody can do it all well at the same time.Feel free to reach out and I can give you intros.

I'm wondering if anybody has experience with sectioning off half of the closet and locking it?

And you'll probably be chasing rents all the time unless you go with Section 8 tenants.Contrast that with a nice house in a nice neighborhood which is filled with mostly owner occupants. 

Heeeey BiggerPockets FamilyI am a verrrrrry new multi unit investor (experience in single family home investing and renting out to the Section 8 population) with the goal to buy/hold properties for cashflow.

., but it might make sense especially with Roth IRA or Roth 401k contributions.It gets tricky since you need a bona fide business to business relationship... doing other property management and / or handyman services helps create an arms-length relationship (and rise to Section 162 definition of being a business and not a self-dealing transaction).

But, could I minimize risk of renter defaulting on payments for the 2nd property by turning this property into a section 8 housing unit with guaranteed income from the gov't?

Do I just enter N/A the fee section?

This is mainly for Section 8.