Section 08?

I’ve heard about Section 08 investing a few times, wanted to come here and see who can explain it better. I’ve heard that basically anyone qualifies, just buy a property under 100k with like 10k down and then register it under section 08 and then it’s guaranteed government income from there since the government pays it and the section 08 tenants stay there for an avg of 6-8yrs. Any advices/input is greatly appreciated, thank you.