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Updated over 6 years ago,
Starting Out just want opinions on my investing route (section 8)
Hey BiggerPockets Members,
I am 19 years old and very interested in long-term investing I have put together an investing plan for myself to pursue investments that I would enjoy working with. I specifically like cash flow rich deals simply for the fact that I get to re-invest the cash flow and snowball my cash. I also enjoy the construction aspect of real estate, therefore, want something I can spend time working on while building my real estate portfolio. I found something called Section 8 housing which can be very bad for investors if tenants are not screened properly I understand even with proper screening you will still get bad apples. But the cash-flow is really good and the houses you are getting are always rehab properties. This being said I would like to ask everyone if you have any advice for me as a new investor and maybe the things I may be overlooking. And if anyone has great real estate books I could possibly learn from.
Thank You