If you do decide to go ahead with this, here is something to consider. The property's purpose is income. When we got into it, my wife thought about the mortgage the way she thought about one for our own home -- pay it off as quickly as possible. But with a rental, the important thing is the difference between your monthly expenses and the gross income. The smallest mortgage payment means the biggest income. What does it matter if the property never gets paid off as long as it generates the monthly income you need or want. Also, the income during the good months (while rented and no major expenses like furnaces, roofs, water heaters, etc ....) and the lower monthly expense while it's not rented keep you from diverting money from other sources of income to support the rental.
Maybe you can get $1200.00 a month rental income in some areas of Akron, but many people could buy in this area for $600.00 a month if they chose to do so ... and when faced with paying $1200.00 to rent or $600.00 to buy .... I'm just saying that the higher rents make it harder to find people that will rent for you. Especially when you are competing with the people that are willing to rent for much less and paid off their mortgages years ago.
Going with a Section 8 renter guarantees you a portion of the rent each month even if the renter stops paying, but they don't do much to protect you from a bad renter. The security deposit dioes not go far when someone simply leaving a faucett on when they leave the property can generate a $600.00 water bill which the landlord is responsible for. How much do you value your time? When a tenant plasters stickers all over the doors and walls for their child's enjoyment, it is a time consuming prospect to remove the all and remove the sticky residue so you can prep and re-paint.
Also, if you use your gut instinct about who to rent to, better have some other reason to not rent to someone. "Without reason" translates as discrimination. If you do go through Akron Metropolitan Housing Authority to get renters, specify that your house is for a specified number of occupants and for a specific amount. Families that have 6 kids tend to wear the property down more than a family of 5 or less.