Then some PM charge a service fee every time they send someone to service the property or if they go to inspect the property - in other words, you might get nickel-dime'd with all kinds of other fees, that could easily raise the "PM fee" to 12%+ (we once got charged $45 service fee + $9 per battery to change the smoke detectors batteries at make-ready).Regardless, you need to factor in at least 8% PM cost, even if you self manage (after all your time costs too) as there might be a time when you might want to (or be forced to, like sickness or old age, or desire complete passive participation) to be completely hands-off and you'll need a PM.

Lots to think about, which is why having specific goals and desires clarified up front is very important.  

Does it make it less desirable for the buyer or next renter because of the stereotype associated with section 8 rental?

Buy houses and personalize them to fit the most desired needs.

Owner financing is always desirable, the tradeoff being - as you stated - having to come up with the rehab monies and down payment.Have you considered private lending?

Etc.My desired exit is 3-5.

If she is a stripper or pole dancer there is a chance that she is associating with less than desirable indivulaes.

@Yoel Sarue lack of money is a motivator, if you really have a burning desire to get money.

Lehigh Valley, it’s a very desirable area.

If you have the passion and the desire to learn, age is just a number.