It sounds like a prudent choice to bring in a property manager.

The choice between JVs and syndication depends on personal aims and interests.

Serve your tenant with the 60 day notice.https://dca.georgia.gov/housing-choice-voucher/landlords/geo...

However, your lending choice will ultimately determine the best route, as rehab costs may consume a portion of your $50,000 investment budget.

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.

With the continuing trend of folks wanting to move out of the city, Washington is primed to be a #1 choice due to easy commute, safety, affordability, good schools, and other factors.

I think a good starting point would be looking at the comps in your area (recently renovated or new construction homes) that sold around your desired sale price and in your desired timeframe and taking inspiration from there design choices. 

Since you won't be able to recognize it as a valid rental if you're charging under market rent and you also expect to be covering any house expenses that are outside of her budget, this seems the best choice. 

Hi All,First time looking into Section 8 investment property in Berwick, ME. What is the experience with this program - Pro/Cons, watch outs, etc?.  Is there $$ to be made as an investor? Thanks in advance

I'd rather purchase a vacant rental if I had my choice.