Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price.  However...

I like what I’m seeing from Easton PA more specifically - especially it being so close to NJ so I can self manage. 

do i need a lawyer and a specific one at that?

Are there specific considerations, tips, or challenges I should be aware of in these areas?

Hey Erik,a youtube ad led me to them nothing in specific. 

Unless it is specifically for vacation and rentals is part of the whole thing, then avoid.

@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

Kathy Hey Kathy, I want to say the Greater Cincinnati area as a whole, but specific counties include Hamilton county, Campbell county, kenton county (campbell and kenton are in Ky, Hamilton is Cincy).