Even if buying a property Subto in GA and you live in FL, you could miss something and the whole deal does a "crash and burn".

However, the units I see myself living in all barely break even on cashflow.

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

I live on the main unit. 

While I currently live outside Portland, OR, I plan to begin investing in Tennessee.

@Hugh Horner I live in the village of Catskill.

I am a district manager with a company called Build 2 rent, and i live in Cape Coral.  

Considering that, you are likely going to see appreciation year over year, which essentially will be additional equity you'd capture just by simply living in the home. 

I live in Farmington Hills.