That being said I understand the difficulties of property management and renovation in these areas.

What people does not understand is this :if you just want to get cash-flow, people can just invest in note funds for 8-12% ; BUT you could do the same strategy with portfolio of hedge-dividend stock that also gives 9-12% SAFELY.

@Matt M AntonioFinding a lender who understands and specializes in working with self-employed individuals, especially in the context of Non-QM (Non-Qualified Mortgage) products, can be crucial in your situation.

Maybe I'm not understanding completely but this sounds very similar to other coaching out there. 

Once you have built a solid understanding, know how to wholesale, and have multiple deals under your belt then branch off and do your own thing. 

My understanding is that first time homebuyers programs are for primary residences.

Having delved into the insights of Brandon Turner and Ken McElroy, I've gained a deeper understanding of property management's ups and downs.

If I understand it right it’ll cost a bit more in the short run due to loan origination fees and higher interest then a more traditional loan? 

Make sure you understand your rights and responsibilities under both agreements.Collect rent and communicate with the PHA: The Section 8 program typically pays its portion of the rent directly to the landlord via direct deposit or mail.

I appreciate all your feedback, I began researching the topic without first reading other forums on BP so my apologies there.Ellis thank you, that is how I was understanding but felt I was understanding wrong.