It's my wholehearted belief that success in life and business is due to the relationships we cultivate.

@Chris Mason has more expertise, but it is my belief that you cannot use an FHA even for a duplex with an ADU.I believe adding an ADU to a multiplex reduces loan options (no Freddie or Fannie loans). 

Even buy-and-hold investors that follow the BRRRR strategy religiously for years, will eventually be RICH but it will only happen after a HUGE investment of your time.

But there is a majority that have been neglected beyond belief.

I’ll add one more angle to the discussion in that all of these beliefs about working from home can be true or untrue but they could be a bit short sighted flippers excluded). 

And I wouldn't agree that there is a commonly held belief that investing in DFW is better - it is just a larger MSA, so the sheet number of investments there is going to be higher.

Tell Section 8 your plans and tell them your belief that it is under market rent by $800 a month, that is the best way to get the info you need to make a smart decision.

I think this is primarily because sellers largely still hold the belief that a cash offer is fundamentally higher, better, and more golden than a financed offer. 

An attorney should be consulted to find out for sure, but my gut hunch is that you receive very little or no liability protection from the LLC when you have that level of co-mingling.Contrary to popular belief, there are zero tax benefits to owning a rental in an LLC vs owning it in your personal name.Lastly, check with your lender, but I believe you can have more than one FHA product. 

My belief if you are planning on only doing this once, the savings will not be substantial compared to the work.