We were under contract a few weeks ago in coastal NC but that fell through due to termites an various other headaches we aren't prepared to undertake right now.

For example, if it is the owner's or manger's practice to conduct a credit check on all applicants and/or to contact past landlords for references in order to consider such background factors as bill payment history, respect for landlord property, relations with co-tenants, compliance with essential conditions of the tenancy, the owner or manager may undertake those processes when evaluating the prospective Section 8 tenant's application.  

Regulations include property related laws like the time and cost of evictions, rent control, code compliance requirements, etc.I created a graphic that illustrates the process I would follow (click on the image to see full size):Potential LocationsThe following is a reasonable set of location criteria to start with.

Here are two graphics that showcase this phenomenon. 

I am a graphic designer by day and aspiring real estate investor by night.I have been doing a ton of researching, reading books and listening to podcasts on the this subject and decided it's finally time to take action.I am working with a Hard Money Lender and currently looking for a single family residence to fix & flip.

Other methods like driving for $$ have a lower cost requirement to undertake. 

I'm looking to start with buy and hold rental properties in my area of Clark County Washington. I welcome all experienced mentors advice because I want to learn all I can. I want to associate myself with smarter peopl...

Actually, in some areas, you may have limited utility capacity for a commercial undertaking.

I work a full time job as a graphic designer in movie trailers, but I am a father and would love to have more time at home.

That is not an easy undertaking, and IMO will not end well for you.