Depending on what aspects you would like them to handle vs you then you may be able to negotiate that 20% down lower.Alternatively, look into medium term rentals.

This sounds like a GP/LP Waterfall deal where there's a 16% pref and the LP (you) get 30% of the profits after refinance.

You can have a great STR in lots of places that do well. 

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

Like John said above, look into FF and also list on Zillow. 

I think it is like trying anything new, do your research, find something that looks good (nothing will be perfect and there is always something better) and just do it. 

I would like to know the answer to this question as well!

Hi Everyone,I’m a newbie investor weighing some key decisions and would like to know how an experienced investor might approach this situation to maximize value and cash flow.

It is likely that in most markets away from the west coast, they will see growth in population and increase in values.

Could you send me a copy as well?