This deal showcased our commitment to strategic renovations and efficient project execution.

That seems like a pretty significant time commitment to shop around, pick up machines, drop them off, etc.

Your enthusiasm and commitment are amazing, and this is a great place to start your real estate journey.Good luck on your path to financial freedom!

I completely understand where you’re coming from, and I appreciate the opportunity to address these points.Be CautiousIt's wise to take a step back and evaluate any program carefully before making a financial commitment.

So if you go in at $1,550 and they don't increase the cap next year, you cannot apply for a rent increase.Lastly, I would also make sure you fully understand the other commitments that come with Section 8 (HCV).  

The second question to ask is can I be successful wholesaling ,  what are the true income possibilities, what are the time commitments, etc.  

and the next thing you know you will be approved just send us 500.00 or 1000.00 commitment fee etc etc..

Always try to run the numbers side by side with the two scenarios (as is, vs. the cash-out refi + new property) and look at the bottom line of each - typically the best way to do it.Also - any reason why you are committed to someone "local"?

The best way to set them up is to commit a set amount of money for a certain number of years (at least 5).

IF you are going to use a PM, vet them and understand you should be committing to them to MANAGE the entire process, not just find a tenant....