I'd build a quad, and there is a laundry list of ways one can select to be amply rewarded for such. 

From my limited understanding of how they work is that S8 is a federal program that the local HA apply to so the funding is "Unlimited" as in that the local HA isn't individually funded.

Specifically:Share your experiences investing in Knoxville.Recommend resources or tools for market analysis.Help me find off-market properties, turnkey rentals, or connect with wholesalers.I’m eager to learn from this community and collaborate with like-minded individuals familiar with the Knoxville market.

It's pretty simple to use and gives you an overall picture of your situation, along with individual breakdowns.

There’s something incredibly rewarding about creating spaces that positively impact people’s lives.  

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

Hoping we get the 100% back but reasonable to still get the 40%.also, can an individual/LLC have more than 1 property per year that they can do the bonus depreciation on?

Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.

You are still far off better doing them individually, as many of these lenders may not allow for a partial release. 

Systematize as much as possible to create scalability.PM is a challenging but rewarding business.