Section 8 is has the benefit of guaranteed payments by the government.

I would invest in coaching after you've done a deal or two and can truly benefit from it. 

There are indeed many tempting short-term investment opportunities in the market that look very attractive numerically, but their potential risks can easily lead to pitfalls.

Freddie has similar intricacies, but also does not require a two year history of receipt; https://guide.freddiemac.com/app/guide/section/5306.4If you can use the rental income to drive the DTI down so that you can reduce the down payment similar to that of the FHA product, the benefits of the conventional option will outweigh the FHA option, as I'm assuming you have a strong FICO based on rate quoted with no points.  

From my understanding doesn't seem as though it would pass through, rather the fund would benefit and therefore returns would be better.

But I also love the idea of investing in real-estate and utilizing its tax benefits I have read around 10 ish books or so and the one I am reading right now recommended this site I am looking for some advice of things I can do to either prep for an investment into real estate and or do right now.

Another benefit: three friends renting together typically need their own policies.

The benefit of paying the following year is the interest income accrued.

If you own a business even if it's a pass through LLC for your real estate you have to file a BOI Report by the end of this year.BOI stands for Benefit ownership information. 

What are the potential pitfalls and benefits of each approach?