By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

A buddy of mine just built a duplex on the water in Placencia

As you progress, maintaining a clear line of communication with your team, especially your property manager, will allow you to stay ahead of maintenance issues and tenant needs, keeping your operations smooth and your tenants happy.If you haven't done so already, consider outlining your goals and investment criteria with a property manager early on.

However, I have had colleagues of mine do Section 8 housing in New York and have success with it. 

(His profit is in the entry fee) He owes 3 months missed payments and I offered to catch up the arrears, bring the loan current, and take ownership.I myself own and operate 13 units since 2017, and I’d say I’m a good operator.Anyways, the issue is that now the bank/owner has been notified of non payment, and while the seller is telling me everything’s fine between him and the person on the note and all, I know that the bank has eyes on this account now. 

I learned this the hard way personally and had to get mine repaired.

It will also depend on how your asset allocation is, I like to keep mine mixed between real estate and the stock market.

However, there are small parts of "Clearwater" that are unincorporated and therefore legal for 1 night stays, opening the door for successful operations. 

In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.

They may not be smoking inside.From the OP's post (emphasis mine):Thank you all for your feedback.