Seems like a high-risk, low reward situation though.

I highly regret not being further ahead of where I am currently financially to where I could provide more comfort to those I care about during their vulnerable times in their life.You see, wealth is not just about you.

The barrier to entry seems high, and the price-to-rent ratio isn't very favorable.

Communication is highly important to me as well. 

By targeting better locations, leveraging Section 8 for consistent cash flow, and balancing low acquisition costs with high guaranteed rents, you've achieved impressive results like $1,100 in net cash flow on a single property.

The risk is too high of losing everything.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

Quote from @Evan Polaski: Interesting seeing this post and Justin's recent appearance on the Jonathan Greene podcast/YouTube video from a day ago."

Much of the country is at high risk between fires, hurricanes, tornados, tidal waves, earth quakes, rising tides, etc.  

Be sure your lender is comfortable with this, as many fear giving folks primary loans for properties they view as having a high probability of being turned into a purely investment.