@David Jiang,You need to give your own notice of non-renewal, Don't think for 1 minute that the prior owners notice would even hold water,, he shouldn't have given notice, plain and simple.Get it done ASAP, full either 30/60 notice per your lease arrangement, call her case worker at sec 8 and ask for copy of lease, if she or they can't provide it then she's on 30 day,, month to month and notice needs to be written, post at door, and put copy in mail and notify sec 8, given prior to the last day of the month, I usually always give a non-renewal around the 15th. 

I'm well aware of the class of tenants and potentail vacancy issues that could arise here but the cash flow is tough to ignore.. 

So, yeah - the competition will be tough, maybe cut-throat even.My $0.02 ...

The commute would be pretty extreme and would be tough with my family situation. 

Maybe being by the airport might be tough for short term rentals, as far as being a desirable location for visitors.  

But I'm having a tough time deciding where to invest...My husband and I have been interested in Whidbey Island for a vacation rental investment, but I am also open to the BRRRR model locally, since we have more in-depth knowledge of the real estate in our area (Tacoma, WA).

If you hire someone, like your friend, you need workers compensation insurance in most cases.

(I'm not there yet.)Finding (reliable) resources on the topic is tough.

I think we've all been having a tough go of getting deals done in Austin recently.

Its tough and it sucks, but it WORKS!!