That’s a great idea.  

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No idea how the seller is supposed to verify to the IRS that their buyer is living in the home, but hey, if you are in binoculars sales / voyeur aficionado Facebook Group (haha this exists!

I have no idea what source you are quoting, but it appears to be some sort of blog or other writing that is not from the HAP Agreement or the HUD website.  

If you think there's a deal worth pursuing, it's generally a good idea to buy.

Any investors in the area or beyond that would like to network for advice, ideas, etc..

It has worked great for us doing it this way And we get group bookings for large families all the time this way.sounds like trouble trying to do that in one actual listing for calendar coordination but maybe someone will have some great ideas.

I want to own all of the property to include the land, and maybe I do not fully understand what I was researching on that topic.

I am currently looking at a few locations/properties though Zillow, redfin etc. to get an idea of the rent/cash flow potential in the surrounding areas. 

Using funds in a retirement account for real estate is a bad idea.