If consistently implemented it will lead to a higher state of mind, which in turn produces results in life and business. 

@Mike H.Thank you for your input, we are looking at purchasing a rental property that will produce 2000-2500/month USD on a monthly rental or nightly can produce 175-250/night.

I have several properties that all produce great, but not enough equity in them to cash out enough to buy this place in full.

That will likely produce positive cash flow.$72K in equity based on a opportunity value of 10% is worth $600/month.

Hope you have better results!

Like I said, the question stemmed from a conversation in jest I had with another investor, but it got me thinking and I got pretty much zero Google results for "Section 8 in class A areas" (shocker). 

There are easier and better producing asset classes out there as a developer.

That will tell you how to figure the loss on income producing properties. 

What are your thought son this approach and could I structure this campaign in another way for better results?

You'll get a much better result and will save yourself a lot of frustration and angst.Best of luck!