I've been looking at housing around the $30-$50000 price point in various markets and after all the monthly costs it seems my first purchase would cost less than $200 a month.

This does seem to be common.

Honestly, your PM's response seems kinda iffy.

Hello all , it seems everybody in this country is making a bigger deal out of investing in section 8 properties versus let’s just call it a cash tenant.

for a unique deal like this they might be more open, considering finding funding isn't as straight forward. just also be sure you have a backup plan for this property... what if they don't renew their lease at the end?

That will get into probably the top 20% of listing alone, since so many seem to be "throw in there whatever you got", so you get blue and grey towel in one bathroom, orange and red in the next, different sheets, pillows, throws, etc.As for what I would be asking of my designer: first you need a place that stops people from scrolling.  

It seems like a no brainer to just pay the tax and penalty.  

I’m new to flips and I can’t find a lot of information on them. 5% rate seems too good to be true.

I have researched it, and it seems that you need a mortgage originator license from the state, and to be registered with NMLS to offer these types of loans. 

I just say that because a lot of newbies bring me deals where they are laser-focused on the fact that they have someone who seems to be a real seller at a decent price, but they aren't thinking of who the buyer would be, and if that area even achieves decent rents and has a decent pool of tenants.