@Timothy HeroI don’t agree with your sentiments and I do work with families who rented my properties and client of Choice of Housing (formerly 8 Section).

After Greg's response its safe to assume that this property would not be beneficial for your partner and you.

If the highway is the choice they will put it back on the market and not lose a seconds sleep.

I was interested in this deal 1 because I needed a place to live 😅. 2 because I could see how beneficial House Hacking actually was.

Since this is a real estate investing forum, I'm not sure many would agree with investing 22% into a 401k, but that is a personal choice. 

I would start by doing most of the work myself and hiring out only what I thought would be financially beneficially.

Section 8 goes up every year on what they will pay.This is based on my experience in my area, you r mileage may vary.I would get a copy of the new rules and read them thoroughly to know what you are expected to do and where you have the ability to make choices.

I got a decent rate from one of the online brokers, and I will be putting down a 10% down payment by choice. 

Good deals aren't obviously easy to find.I'm trying to decide if I should :a) just be patient in my chosen market and wait for the right BRRRR deal even if it takes monthsb) also look for a small MFR (my #2 strategy choice) so I can start investing while waiting for the right BRRRR dealc) expand my market into a 2nd location (I'm out of state and like my initial market as it's backed by good metrics and I have family in the area which can help mitigate some of the risks of out of state investing).I'm leaning towards looking for a duplex as it won't prevent me from buying a good BRRRR.

You would invest in this asset class because you believe you can do the most effective job of growing your tax-sheltered retirement savings in real estate as compared to other investment choices (or in addition to other choices).