I don't know 100% if this is the smartest decision or best decision long term, but that is why I am here trying to learn and understand. 

My experience (pre-Covid) with section 8 was there were A LOT of people searching for homes with their vouchers but a shortage of landlords either qualified or willing to accept Section 8 tenants.

If you have multiple collections resolving even a few small accounts can bump your credit score considerably, and is the best short term way to improve your credit score, in my opinion.

I envision offering the full gambit of stay options: short, medium, and long term rentals.

Rents per unit are about 1K for long term tenants, although I'm likely to do STR or at least a combination of the two.

So, you need to be sure it makes sense as it does not always do so.Also, keep in mind, line of credit are for short term cash needs NOT long term for example a down payment on a property you plan on keeping for the long term.

I would side with your wife on this one, I typically tell people to stay out of AC, Trenton and Camden or any D area especially if you're new those properties are very labor intensive 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

You are doing all the right things right now in terms of gathering great information.

Does anyone have a long term relationship with them who'd care to comment?