So just a quick check before you get excited about writing an offer on the property to ensure income limits aren't going to kill the deal... keep in mind that rental income counts towards that limit, so really you're limited to census tracts with no income limit (again, 90% of many major metropolitan cities).Here's my little "Why 6 year old biggerpockets.com podcasts and blog articles telling you to start with FHA are, as of 2018, wrong."

a home w/ FHA needs to be your primary household for 1 year.... and by that it means you have to live in it the majority of the time.

You don't want to make a major mistake and derail the entire plan right out the gate.Finally, be sure to "like" people's posts and blogs when they are helpful.

Also, majority of contracts are fixed rent unless you specifically stated in the contract that you can raise rent during the period, but that pretty much defeats the incentive for tenants to go on a year or two lease instead of a month to month lease. 

It's harder to find deals in those locations though and the ones that are good deals requires major renovation. 

Looking for a reference to a PM company for Multifamily property in Jacksonville, FL with majority Section 8 tenants.Also looking for anyone on the forum with experience in  Multifamily in Jacksonville, FL + Section 8.Thank you.

I think it's important to have a business plan. i havent started my investing yet so take my opinion with a grain of salt but the more I think about it the more complicated it seems. really what im trying to do is just buy multi family properties at some kind of discount. add value by renovations or by purchasing in a down market. then fix it up to my companies standards and get them rented out one unit at a time. some of the things ive been thinking about include financing. how will i finance deals after the first 4 or so when the banks stop lending traditionally. also how much do I need in resurves to cover everything from fees to extra holding costs to a major cap expenditure. i want my business to have a plan so i will succeed no matter what. so i think its important to think about those types of concerns regardless of what type of investing you're doing and factor those in to your plan. im excited to save money for the first deal im only at 3k so far.

Does it need major work.

We show a majority of our homes to an interested resident. 

I'd suggest targeting the closets major city.