You must get approved by the housing authority once you buy it, or a local property manager (like us) are already approved if you desire to hire a mgmt company.I believe they will allow you to rent to family member on Sec 8 but I'd have to double check with the local housing authority.If you hired a 3rd party mgmt company you could possibly get around it but I feel its a little sketchy if you're still family but just trying to use a spouse, theres tons of Sec 8 applicants so I wouldn't take an unnecessary risk of trying to game the system.You could do an LLC, generally a rental would be best NOT held in your personal name, but even if you are behind the LLC you'll still need to disclose to sec 8 that you are a family member.

Buy BP's Zero down book, its basic.Go to youtube and search "creative deals",  "lease options", "subject to",  and follow all of these authors;  Joe McCall, Joe Crump, John Jackson.   

When you finally sell the property, you can then, at that time, deduct those losses.These are the Passive Loss rules, which Congress set up to curb some pretty wild "abuses". 

Humor:  get a job as a Port Authority cop. 

Most of the BP members wont know who Floyd is but they may know his son Gino who is a successful author in his own right..

For example, an FHA loan is from the Federal Housing Authority - that's a federal agency. 

How we deal with boyfriends/girlfriends that want to move in: the lessee has the option to add them to the lease as an authorized occupant, but not with financial responsibility, or they can add them to the lease with financial responsibility.

They will need the contract, a loan authorization form signed by the seller and info for the lender/attorney (phone numbers, loan number).I've allowed homeowner's to stick around after the closing but I hold back at least 50% of their sales proceeds until after they move out.

She made her an authorized user on some of her credit lines.

Memphis Housing Authority offers sec. 8 https://www.memphisha.org/ - I use the same screening process for every applicant.