You will have a place to live and have other people pay down your mortgage.

(I watched this a long time ago so if I missed anything please feel free to correct me).The Section 8 BRRRR Strategy That Beats Regular Rentals - YouTubeHis theory: Is basically a lot of section 8 tenets are used to having crappy landlords living in crappy places.

We are thinking about living in the vacant side while we build a house on our land we bought.

I live and invest in Muskogee.

I also live about 20 minutes from the property so i would be local. 

I'm living in a home, that I've gradually renovated to some degree, initially for the purpose of establishing a rental unit.

I'm a property tax professional (reducing taxes for commercial property owners) living in Northern Kentucky.

Now, investors can also buy on the high end and improve the home by adding a bathroom, taking a wall out and expanding a kitchen/living area, etc to be able to sell at a profit (a little harder idea to make profit but possible).  

I was living in and renting the house and asked the landlord if he was interested in selling it to me and he was.

This property has 4 bedrooms and only 1.5 bath, which I worry is not ideal for this type of living situation.The house is a split ranch with one car garage and 2 car driveway.