Need some help with real estate, who is edumacated?

[Nexus1155]

Ok, sooo I am broke and honestly can't think of what i want to do with my future and i need something to atleast have a secure foundation on. I have a 710 as a credit score, and even bums less fortunate than me can afford a damn house... but im just looking at this as an investment property.

The house
$200,000

3 Family, 9 rooms, 2 bathrooms(makes no sense! guess the 3rd floor doesn't have to poop)

The house is in a crap area, but is down a dead end side street which no one goes down... Mortgage is roughly $1100 per month.

I want to charge $1000+ per rent depending on the area its in(need to research) so that leaves me with an extra 1500+ a month profit.

With the area that it is in i might have to hassle to get paid for the rent. Does anyone know how i can turn it into a Section 8 Housing unit so i get paid by the government instead. Or if anyone just has any general ideas

Thanks Everyone!!!