Firstly if someone is aware of a law specific to Georgia about this topic please let me know and also please provide any links to government sites that you know of I am happy to read up on the matter. 

I was planning use them as Section 8 rentals and would’ve made decent cash flow.

If you want to go the "cash for keys" route, there is no specific formula or legal limit, it's just something you negotiate directly with them. 

Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.

I’ve worked in the RE industry in the past so I’m no stranger to it, though I’m not an agent.My general approach is to 1) get pre-approved on FHA loan and 2) work with an agent to find off-market deals willing to work with FHA process.Open to any advice, but here’s some specific questions:Advice on general approach?

The property I plan to purchase has two parcels.One parcel, 0.18 Acres, has an address assigned to it.

Now, when communicating with the tenant I find a specific date on when they will be paying.

This will be a long term rental that we plan to keep for many years. 

The business plan is clear and well thought out and fits your criteria6.

I plan on rehabbing the property and refi within a year.