One of the top priorities is having an investor friendly Realtor and utilizing their network to help build a team that has great communication with each other.

QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company?

My concerns are debts that weren’t paid or charged off if it was recent and especially if it was property related (utilities, rent, etc).  7 times the rent just means that make a ton of money and spend a ton of money.  

Speaking broadly, I think the best investment strategy involves finding properties that aren't fully utilizing their income potential.At a more sophisticated level, that might mean buying a fourplex of large two-bedrooms, making relocation agreements with the tenants, remodeling the units into three-bedrooms, and then renting them out at market rents.

you may be able to utilize the equity through an LOC as mentioned AND create cash flow on the farm without giving it up.a 60k investment for nearly 300k in equity is a nice 5x return immediately and it's potentially tapable for future uses.all the best to you.

Folks who don't have a lot of money typically aren't equipped to handle the financing of land, running utilities, surveys, building, etc.

Here is my situation :I am 40 years old, I have no mortgage, and my only bills are my car lease, phone bill, car insurance (my partner covers utilities) and groceries for me, girlfriend and my kids (when I have them) and my take home from my day job is about $900 a week.

Are utilities for SFH paid by tenant or landlord in OHIO?

We would not have been able to relax (retire sounds so final) early without our housing and utility costs being completely covered as they are. 

I took the family on a road trip to Johnstown and checked out some of the properties, I talked to the local utility companies, the title company, insurance company, etc. and everything seemed legit.