**Ethical Concerns:** At the time I joined, certain marketing tactics raised red flags for me.

As far as the airport is concerned, the government just bought the land.

For more explanation of what they are feel free to read the many threads on Bigger Pockets concerning them.

For the issue itself, the crack isn't necessarily my biggest concern, but the displacement of the foundation is what worries me.

I am not familiar with Horn Lake and the economic conditions you mentioned as a CON, but if you already have those concerns, on top of a large rehab, which typically don't shrink as you get started, and being OOS and needing a PM team, you may want to consider other options as you get started. 

For example, if a home has an accurate value and list price of $450,000 and I can get if for $400,000 (because of incentives and timing), and it sells for $490,000 three years later, I am not as concerned with a monthly break even cash flow scenario.- Some builders aren't as friendly to investorsI hope that helps.Thank you so much!

I would be happy to assist with you questions and concerns about Section 8.

One of the concerns I have for my children, especially my oldest is that I think I want them to have success  more than they seem to act like they want success.

There is almost always a market for a going business concern with a positive cash flow.  

My main concern about actual house hacking for a few years in a row is that we don't want the kiddos to have to change schools once we relocate up there.I'm thinking about getting an appreciation-oriented duplex/triplex in a pricier market with good schools that we could stay in for several years, and saving for an actual cashflow property that'd we buy as an investment property instead of a house hack.