The quality of tenant is the variable, most people that need section 8 are good people who just haven't quite figured out how to improve their situation in life, they just want a place to live and will generally behave if they have a solid, clean, safe place to live.Make sure you check local laws and rules around section 8 so that you don't get yourself in hot water, perhaps get in touch with the existing owner/property manager and see what there experience has been with section 8 and especially the current tenants. 

The lines have a protective coating  internally, it has never caused any health problems in our city that I’m aware of. 

I think I would take your parents money and invest it on impressing the ladies and having the best 4 years of your life. 

Where do you want to be in 10 years, not just in real estate, but in life?

Other life things got in the way of jumping in immediately.

I have actually seen your comments in many other threads regarding marketing yourself and avoiding the premiums of MLS deals.I periodically do a SWOT analysis on myself/my life.

I make an OK living but I want more out of life.

However, I've been around the real estate and mortgage industries my entire life.

I am looking at using a life estate, but am getting push back from my broker, and they are questioning how to price it.Would a property being sole this way be priced by backing out the rental value of for the time until I dean from the FMV?

If the place is cash flowing for someone and they're a mom and pop landlord with other things going on in their life, its easy for people to become complacent and just let long term tenants stay for a decade without ever increasing the rent.