Instead of a BP tax expert trying to outline all the different scenarios, in a half hour or so sit down a CPA could give you an awesome broad-stroke 'what-if' for you. 

Jonathan, that's an incredibly open ended broad question. 

While I agree with a lot of what the article talks about, I think the author was painting with a very broad brush.

It might be a broad scope but Im looking for profit and the ease of renting.

However, get us past these broad non-specific inquires.

The most important takeaway is that it is a system, like a good manufacturing factory, this allows us to enhance the experience all around, as we implement uniform and cost savings modals across the entire spectrum of our exclusive management system We can track and analyze all of our various systems, evaluate the metrics continuously and look for deficiencies. 

I live in a smaller city I would not consider it rural but it is closer to rural than a large city if it were on a spectrum.

Usually, Section 8 will just require what your state law requires, as state/local laws are usually the same or more stringent than the broad Section 8 requirements for heating and cooling.

Selling is so critical to EVERYTHING that you do.Basically... if there isn't a "real estate" major then you should get a broad business background.

As the market cycle has run on, the institutions have gone further out on the risk spectrum and started to buy core-plus and value-add...right now most institutional investors are on pause (per various sources) so may be a good time to get into the value-add space.