Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in. 

If you do it all above board, you would pay taxes on the rental income received and your daughter would be using post-tax dollars to pay rent which isn't the most efficient.

They have a loss of income protection, etc.

However, this would force them to move out, lose their current rental income, and have to pay rent off their limited salary. 3.

The company and others that he runs own nearly 100 properties across the city’s low-income neighborhoods, records show.

So yeah I am currently learning alot on how to "equity stack" as Kai calls it on deals, bascially multiple streams of income from 1 deal.cheers yall!

Is this section 8-(or some kind of fixed income program) these units seem very low priced?

A business bank account can be used to separate your business income and expenses from personal income.

I am 30 myself income is good and I love my job so I am not looking to replace my income, just looking to invest wisely and build wealth. 

Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.