Now, you need to figure out how to find deals and pay for them.

Also, the tax benefits you expect might be over-hyped: https://www.biggerpockets.com/forums/51/topics/1075919-five-...Figuring our whether there is a useful tax strategy in your situation would take a one-on-one consultation with an experienced tax strategist, and here is how to find one: https://www.biggerpockets.com/forums/51/topics/1222774-expla... 

Now, you need to figure out how to find deals and pay for them.

Anyway.. carry on I am sure you will figure out what works..

Or they have it figured out and are going to cure via paying or modification etc etc. 

The HUD guidelines suggest a certain rent amount, but after inspections, the figure came back significantly lower than expected.Additionally, do you have any general tips for working within the bureaucracy of the Section 8 program?

To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.

Yes, it costs money and is probably not worth it for under-7-figure assets/portfolios.

I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue. 

The seller had the place for 10 years, in the beginning the tenant was 83 years old, figure the tenant would die in the few years, or move to a nursing home, never bothered to renew leases like 5% of $90, that he left it alone since he had 4 stores paying crazy market rents on the ground floor.