I found a house that I think has potential - AirDNA is estimating 62K/year at 63% occupancy and $273 a night; however, I spoke with a Vacasa rep who thought those numbers were a little high.

Thank you  You will need to get an attorney or potentially the title company could create the documents but they are typically created by the lender and their attorney. 

Currently occupied by a section 8 tenant on a year to year lease. currently paying $1805Cash flow = $800- I left out some CapEx expenses in the report, as this is a newly renovated home, but will account for everything once I dive deeper into this potential investment.

Regardless of the reason, the delay in investing actually creates a compounding effect impacting one’s potential ability to reach the full investing benefit.The easiest way to understand this is by looking at the Rule oF 72.

I'm a buyer looking to potentially purchase cheaper rental properties in rougher neighborhoods.What are some good crime maps to use to make sure I'm not buying a property within a warzone or violent crimes area?

If this is market rate for a similar property as yours at this location, then Section 8 is under no requirement to pay more, even if their website shows a higher potential maximum rent.

I need help on the lending side for this potential deal...I am negotiating a purchase agreement with a seller carryback of 20-30% as a second-lien position. 

Just made an account here to try and organize my thoughts as I don't know where to begin. I'm sure I will not provide the proper information for you all to give me the right advice but this is what I've got:
I'm a so...

I would make sure you know what that $ is at the moment and the potential DOM risk before making the decision to keep it vacant chasing a price you can't get. 

Fractional investing options include real estate crowdfunding platforms like Arrived and Ark7, or real estate syndications for potentially higher returns.