@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

The tenant is mentally unstable, didn't pay rent over a year, got evicted, forced out by the Sheriff and kept coming back to the property by breaking locks and lock picking.

I've been a real estate agent since 2014 working in the residential side and have one investment property (bought rented and sold) under my belt. 

The problem with focusing solely on the property is that properties don't pay rent—tenants do.

I would not recommend MNPMC to any landlord who expects timely and professional handling of rent payments.

I am closing this week on another Duplex all in 90k, rent will be 1800- 2k.  

However, the average rent PSF is often considerably higher as a result, at least in the markets I work in (Seattle and Phoenix).

.- Buy a house / 4 plex, take one of the rooms / units, and rent out the rest- Family can just come and stay with the Nephew when needed. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

if my wife is paid 30% of collected rents to manage the property it will reduce my Schedule E profit.

The tenants want $300 bucks off their rent for two months.