It seems like an OK plan, but I'm wondering if there's a more organized approach to take.Thank you!

Welcome @Joshua NapierSounds like a good approach. 

I have been approach by a person who knows that some of my investments are in C-D class areas and that I am familiar with Section 8 properties.

Before I contact the owner, I would like some feedback from the BP community on how to approach him.

What do you see to prices in and around pro sports arenas as teams move into or out of a market.  

Been wanting this approach and they decided since it doesn't look like I plan to slow down anytime soon that this was the right opportunity to change strategy.Thanks,Take action and I'll see you at the top!

How best to approach this?!

Financing is not something to take a cavalier approach with.

I have a bit of a twist on this approach.

@Frank Casi, I agree with you to a certain extent, which is why I believe finding the right property management company to partner with is the second most important part of real estate investing (the first part being to buy the property at the right price).The good news is that the BiggerPockets community can definitely point you in the right direction as far as property management companies go.Similarly, you can post every opportunity you get in the forum and you will receive instantaneous feedback, which should help you evaluate whether the deal is right for you (kind of like you did with your original post above).All in all, you are on the right track and taking the right approach.