As such, one of the things I enjoy doing is doing deep due diligence on deals and sharing those deals that pass with everyone to make it easier to take that first step.

My initial goal is to help relieve the housing shortage burden for communities by thinking big and building more affordable housing.  

Option 2, sell it at a loss, relieve yourself from the headache and learn from the experience.I would not recommend doubling down and make foundation repair and split the property into 1 units.  

Building up funds, fostering relationships, and learning skills takes YEARS.I think you have a great mindset and are asking the right questions, but take a deep breath and enjoy being young.

Are there enough Property Managers with enough properties under management and deep enough vendors bench, or is it small shops13.

You also need to be in contact with a Realtor who can dig deep into the areas and numbers for you.For example, Buckeye is a very large geographic city.

You grow wide, before you grow deep. 

Add in, that you'll prob have to collect a co-pay from lower income people.Not seeing a big advantage (nor dis-advantage) either way.Steve, back east in the mid west deep south and rust belt  Section 8 pays SUBSTANTIALLY higher than market rents..

PS Rochester and Buffalo were ground zero for much of this stuff also there were groups buying those homes for 10k packaging them up and selling them for 80k to investors from England. the city / state finally cracked down on that and there was some folks that got in trouble on the criminal side of it.. you can google it.. wont mention names but you can find it if you dig deep enoughBut this is nothing new.. buying hood rates for pennies and selling them for dollars to foreigners and unsuspecting out of state folks. 

Deep SW florida has been mentioned over, and over, here that it's due for a correction.Austin is also getting smacked, but the time has come to enter.