Hi David, take as much time as you need to learn the Nashville market.  

Those holding cost will certainly add up over time and kill any cash flow.

I don't understand why someone would ask if now is a good time to invest in section 8.

Takes no time or effort.If you are already paying your property manager to pay your bills and do your accounting, why not just have them generate reports you need?

I'm new to the real estate game.

@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Locking in at a discount like that is a textbook play on patience and striking at the right time.

However, I have contacted the Secretary of State office and it states on their website that there it is a one time filing/fee to form an LLC there.You will typically want the LLC setup where the asset is located. 

Thanks again for your time!

First time poster here so let me try and lay down the situation.My wife and I are just beginning our real estate investing journey.