Ripoff You are turning the leasing of your property over to an unlicensed person  who will be able to collect a down payment from almost anybody and stick them in your property You have no protection ,maybe violate dodd frank laws  and be stuck with an eviction Did you even investigate the company ,run their contracts by a lawyer or get even 1 reference ?  

Your solution is no solution at all .

As a general rule a property needs a complete redo every 30-40 years, depending on how well it's been taken care of, the climate and the quality of materials: cheaper built homes will wear faster.To illustarte: a midwest home built in the 1960's and sold for $100k may have a replacement value of $200k - check your insurance paperwork for a quick reference.

What are the online platforms you reference to find people looking for storage space?

I have bought houses that my competition referred to me, because they only focus on one formula.

I don't plan on referring my families there.

And the section 8 requirements I don't see what you are referring too because I know they do a yearly checkup but that's just for safety most things you won't have to worry about.

Hi Lisa, did you ever find a solution to this question?  

Perhaps apartment complex is my only solution?

Especially for those amounts you are referring to but definitely call the local smaller banks / credit unions as they would be the most likely to give you better financial advice on what to do in your case.But what you said sounds about right.