Why doesn't he want to do it, and what are his plans to do with the reduced cash he gets after selling the properties traditionally? 

I am wondering about how gettin Section 8 certified and being a part of this program will change the value of this home over time (I may plan to sell in 2-3 years).

If you are planning to manage other people's rental property you will need the license prior to receiving any revenue whatsoever.

What type of business do you plan to install? 

Also worth noting which areas are appreciating in value, since you’ll have to have an exit plan eventually and the extra value add is a great bonus. 

To answer your question -trusts are used as part of an estate plan to direct ownership of your property after you die - either passing it to another person or, for your baby’s sake, holding it under the control of another person til the baby becomes an adult.

I would talk to the local planning department and see what they have to say. 

Your strategies for the next move show careful planning.

I've found a single-family home and plan to rent it to master's students to generate income.

Purchasing a new townhome and received the following as best so far:- 6.875% 7/1 ARM- 7.35% 30-year fixed I am aware of the risks with the ARM and plan is to either refi when (if) rates drop, or sell around year 5 (along with others I plan to purchase) to get into commercial or larger multifamily.