Unless this is your dream house and that's what's necessitating the build, not the economics, you should really think twice before executing on this subdivision/new build.

I did the house hack route, about to buy my 3rd now. 

I inherited my father's home and am entertaining someone who has cash offer for the house.

I started out with a flip house and am currently focusing on long-term rentals.

We live in the main house which along with the garage was built in 1927.

I moved from Connecticut to Columbus, Ohio in 2012 and started investing in 2017 with a house hack

I can understand that low cost housing will appeal appeal to a different tenant profile, but if the product itself is very good won't it also attract the kind of tenant you want more readily?!?

If we put a tenant in the house we will have to pay the state back their $8,000 of assistance.Loan Balance: $150KCapital Required to Rent: $10K ($8K to pay out the state and $2K that I put into professional cleaning and new carpets.) 

And then of course, I'll be able to enjoy the benefits of the voucher payment from the Housing Authority. 

The house looks really dark.