I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

You definitely need a PM who specializes in the Section 8 space.

And, the breakup fee is a non-starter.

I would also encourage you to look into the house hack space. 

Mainly LMLO's are rare, almost non-existant.  

If they are up for renewal and you elect to non renew them you must stop accepting funds from the occupants after the lease expires (accepting rent after the lease expires may make it appear you have a tenancy at will agreement). 

In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.  

The allocation was non pro-rata.   

Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor. 

A non-franchised Broker with six agents won't have professional training and resources, so a new agent won't be trained as well and will struggle to get started.