I ended up helping them out since it was turning into a big ordeal.

Possibly break loan covenants and can't cure default, lender takes back property.  

A few months ago, I ran into a lady who has been going to seminars and REIA for more than ten years.

If you want to get into MTR or STR I have better markets to recommend.

Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).

B class will be basically break even maybe slightly positive cash flow on a good deal with your typical 20% down payment and financing the rest with todays interest rates. 

Hey Jeffrey,Welcome to the community, and great to hear you’re looking into Section 8.

And than, parlayed that fame into something of substance. 

OTH is fun to fly into even on United.   

Additionally, I really want to dive into the property management realm and am passionate about connecting and assisting other Veterans and Active Duty.