Or use the $1900 to down payment on a cheaper property which you house hack, or use for rehab, or interest to a private lender who supplies the funds.

I’d hate to step into a major unit supply overflow issue causing downward pricing pressure on achievable rents.

My brother in law is supervising the renovation, including performing most of the work himself(would be closer to $12k without him), he will be responsible for property management, and performing any future maintenance work that arises without charging for his time, only supplies. 

The most common ways to partner up on deals is either an LLP (less functional, but still offers some liability protection,) or the LLC (more functional and arguably stronger protections.)

By then I will have $10,000 stashed in an emergency fund, and $12,500 to go towards a down payment with the rest going towards furniture and household supplies, and also to cushion the emergency fund. 

I would tell them, that all or most of their (1/2 normal) rent will be used by you to purchase materials needed to make necessary improvements to the property and that the tenant must supply the labor.  

The more energy you can create in a target zone, the stronger it makes your deal.3) Development costs will be at a premium due to a loss of trades and labor shortage.

I’m 90% sure they supply the big boxes. 

The bees that pollinate the world's food supply are delicate creatures.

Are there any other drawbacks to Section 8 besides the fact that they have a stronger likelihood of trashing your place and that you have to work with the government?