This is really a question for the housing authority, not here.

Setting aside qualifications, the conclusion that I reach is that parties would tend to prefer the remedy of damages for breach of contracts to produce things, whereas they would often favor the remedy of specific performance for breach of contracts to convey property.In footnote 3 the author noted:3.

Be prepare to deal with tax authorities at some point throughout the process. 

We have some sharp people here, some with just a couple years of experience in real estate, but they are a formally educated crew that can really be full of themselves and speak with the same authority as if they had been in the industry for 40 years.

Unless both the circuit breaker for the heater and the local disconnect are locked inside an "Authorized Personnel Only" area, the tenant(s) can always shut the heat off.

My question is: will the section 8 authority turn down a lease altogether if they think the rent is to high? 

Read books from Bigger Pockets authors, podcasts, independent research, talking to other investors, and pounding the pavement.

I think the author was kinda over exaggerating to make a point to us ordinary folks that compounding makes us 'rich' but the real wealthy people did not become real wealthy via stock market but by founding their companies. 

@Jacqueline Lee I'll 1 up what @Evan Polaski mentioned....Each jurisdiction and city is going to be slightly different, but at the surface there is generally slightly more paperwork to get your property approved and into the system, but once you get it up and running and the first tenant in there, its generally straight forward to get the rent increases etc.A good place to start would be your local housing authority, they may even offer "Landlord" classes to understand the system more.  

I know most of us have heard horror stories and/or have personal experience about criminals and unsavory characters taking over vacant properties then claiming squatters rights to avert the authorities.