I would like to buy a property which has an existing section 8 family tenants, for the only reason that I own and rent the adjacent property to a quiet retired couple who cannot enjoy peacefully their home because of these people.

You may drastically lower your living expenditures and increase your capacity to save for future investments by renting out some of your units while you live in others.Starting with a duplex or triplex is a sensible choice, given your aims and money.

Hello,  I currently travel for work and rent out 3 of my 4 rooms while I'm away. 

I have spoken with an agent who has worked exclusively in this space for years and have been told that for the Oklahoma market, warehouse tenants pay rent most generally by CHECK.   

@Kevin Quach, most of my business is acquiring rent-by-the-room investments.

I recently bought my mother a mobile home on a lot cash in Corpus Christi so she will not have to pay rent.

Having 3 furnaces and 3 hot water tanks would take up most of the room on the ground floor where I had a small one bedroom collecting much less rent if none at all.I would have to replace 3 boilers and 3 hot water tanks when it's time.

They are asking 950K.Gross rents: 100,800Utilities: 3KInsurance: 7KProperty taxes are roughly 10K for each 450K in value.Repair/Maintenance: Don't have figures yet but I'm assuming it'll average out around 10K a year.The lender I am speaking with also requires me to also include an 8% vacancy rate and a 5% management fee whether I have those or not.With an interest rate of 8.15% and 20 year amortization, I can't get close to a 1.2 DSCR until my amount borrowed is down to about 450K. 

If I was you and I had access to the VA benefits, I would see a 4 unit property where I'd have my own space and then rent the other 3 units.

From the beginning, I rented out 3 of the 4 rooms while living in the remaining room.