If that happens then the tax record is updated by the effect of transferring the property.

2) Subsidizing rents:- S8 and other programs statisitically only train tenants how to be dependent on the free handouts.If you really want to make a difference, try basic financial education for tenants and the financial demographic they come from!

So, it is something to be wary of with the liklihood of choppy financial waters ahead. 4.

Look at me taking charge of my financial future!

Depending on your market it may not make financial sense at all.

I have nicer Class B properties and it is expected that the applicants have a good record. 

Our underwriting focuses primarily on the property's return on investment and/or cash flow, rather than personal financial details.

That would be more than enough for me with a tenant I have a track record with. 6.

We decided the cost was too high and it was not worth it from a financial or risk perspective.  

Since then, I've documented the process as a Boutique Hotel investor and have a deep commitment to sharing my knowledge around Boutique Hotel Investing with others who are looking for a path to financial freedom, and Boutique Hotels is the best path to get there in my personal opinion.