You DO NOT ever finance the property to a buyer/tenant with the intention or hope that they don’t stay in the property.

The only difficulty is it takes you longer to do in W2 job for first rental (provided you have a mortgage on primary) while doing it when you already have one rental with positive cashflow and just keep investing that profits in high yield brokerage account Dave Ramsey's concepts regarding REI will cause you to go broke. 

Section 8/HCV programs can provide stable, long-term tenants and government-backed rent, but as you’ve experienced, policy and administrative changes can create unpredictability.It’s a reminder that while government-backed programs reduce tenant risk, they don’t eliminate operational or policy risk.

Why would I ever hire anyone who isn't headed in the same direction as me? 

Have been doing that ever since.

But today I see more of this than I can ever remember in the past, and I see it everywhere.

technology changes, but human behavior doesn’t.

I plan to do another one, if the current tenant ever moves out, from a state with income tax to one without. 

As a general investing concept, and as a newbie who has little capital to invest anyway, I have become a huge proponent of putting as little of your personal wealth into a deal as possible.

For those who’ve been in the game a while, have you ever actually gotten a full replacement payout?