Does anyone have a more budget friendly option? 

The longer the tenant stays, the more you collect.I manage 400 rentals and I have only had one animal damage a home more than the deposit would cover.

It looks like I can get more rent per month from section 8.

Open to any other recommendations too.Thanks for reading!

I'm not saying you won't find it, but I wouldn't necessarily be expecting a lot.

Rents tend to rise over time, amortization steadily increases equity, incomes rise, so the investor has a lot of “cover” for unfortunate timing or operating “mistakes”.Number 2 - periods like 1932 - 1941 and 2008 - 2013 are much harder on this strategy.  

If anything, split your payments in 1/2 and pay twice a month, and/or pay more towards your principal whenever you feel like it.

I still need to research a lot more, basically places with good rtp ratio and high growth potential I think.

Hello Bigger Pockets Community, I have been reading books and forums, watching videos, saving money, and analyzing markets over the last 2-years.

@Rakumarudu Nijam Section 8 tenants take more time to manage as they are Class C or D and many don'[t want to lift a finger to do anything themselves - this includes filling out their own S8 paperwork!