Bottom line as others have said this is a situation to enlist competent legal guidance in this scenario to review the pros and cons.

Is the "gross revenue" $708.10 or $541.26 for this booking?

This is my first time considering Section 8 so I’m doing my due diligence in making a decision.

This can help prevent potential conflicts down the line.

A lot of this depends on what type of development you want to get into.

This is my story, an 18 year old anxious to invest!

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

But wanted to add that you may want to consider a consultation with an attorney or even your liability insurance company to discuss best ways to handle this up front to avoid mis-steps in communication with the tenants, neighbors, media etc.

My spouse and I purchased a cabin in November 2023 as a STR and started renting it out in March of this year. 

Great to hear that you’re focusing on small multifamily properties as a starting point; they can offer great cash flow and help you gain valuable experience as you scale into larger investments.