If you are priced well and the condition is great barring there is not a ton of supply, then you will sell quickly!  

That home would be a great candidate for a hard money loan that would allow you to quickly complete the renovations and exit. 

@Arun Philipnot sure if i understand your question.if you don't have any cash, period, you shouldn't be buying any more properties. 

Many of the recipients are single mothers who actually want to find stable housing for themselves and their children so initially they are looking for the best house they can find and it is only when time is running out and their voucher is expiring (Yes that is a thing) that they begin lowering their standards and will settle for a cheaply put together home. 

To protect our rights, we would definitely deliver a formal 5 day notice (Wisconsin Legal Blank), but at the same time indicate that we are looking to collaborate to find a solution.

A prudent investor doesn't seek quick riches through shortcuts.

If you’re set on a duplex with minimal rehab, an investor focused agent should have a strong network of contractors who can give you quick quotes, so you don’t wind up with any pricey surprises.

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

You absolutely want to be concerned with this.I would just argue what you're concerning yourself with today may be totally different in that 10-20 year period.

Spend time reading the forum.