I’ve built a solid network of contractors, hard money lenders, conventional/DSCR lenders, and property management companies that serve as my trusted boots on the ground contacts in Memphis.

Year long lease typically, with subletting allowed to offset summer months cost to tenant.I worked out some high-level math: Assuming there is a 6 bedroom single family house for sale for 800k, and I can rent for 6k/month.Financing: 350k cash, 450k loan @30yr, 3.8%.Assumptions: 7% vacancy/yr, $4000/yr repairs, $10k/yr property tax, $4k/yr insurance, 8% management fee+50% first month rent on new leaseMonth-to-month breakdown: Income: $6000 Vacancy, Mgmt fee, repair, taxes, insurance: $2300Loan PI: $2650I'd take home ~$1000/month. 

@Jonathan Grzeszczyk - I'm a flipper, investor and property management company owner in CT. 

Sounds like you’ve got a solid foundation with your GC and project management experience.

Are there property managers who specialize in managing housing for section 8 tenants?

Will you hire a property manager?

As a property manager in the Austin Market right now I would suggest selling.

Additionally it will have to take care of itself so property management is included in this.

I manage around 400 rentals with 14 years of experience and have never been sued once.

*I'm a property manager, not an owner, so I do have a 3rd account for business expenses as required here in Oregon.There are a plethora of software/apps out there for managing properties and funds.