Not familiar with those markets, but here is my experience starting at 22 and what I regret after house hacking twice: https://www.biggerpockets.com/forums/922/topics/1133476-hous...

The only thing you need is experience a model, and a team.  

Out of curiosity would anyone be willing to share any experience with non-paying renters who've vacated the property prematurely?

From my experience, section 8 tenants will go above and beyond to maintain their section 8 support if it becomes at risk.  

Working with a property manager will give you a lot of hands-on experience in the day-to-day of managing properties. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

It’s also an excellent opportunity to gain property management experience.

Most lenders will vary how aggressive they will get based on the experience of the operator (you), but I don't know any that will lender to someone who's never done a spec build like you're contemplating.

This conversion will begin at the end of the month.I am just sharing the above to give context to my level of experience with this type of investment.I look forward to hearing from you all.

Let us know if you end up purchasing any through action and how that experience goes