The program was created to give low-income tenants an alternative to living in federal project housing.S8 sets their rental rates to the LOW-END of market averages, if not slightly below.

For example you are putting in low grade laminate and all other listings are putting in high grade vinyl.

A property could be cheap but be located in a low performing market.

If I ever run low on reserves, I can easily transfer funds from my personal to rental account.

Thus easy to manage and low Capex expenditures.     10.  

Simultaneous to that, negotiate price reductions to the greatest extent possible because of this extra cost you are incurring. 

Thanks Jack for your response, I am trying to avoid condo because of the low appreciation issues.

When I worked as an MHP broker, if the park was on a lagoon, I could never find a buyer no matter how low the price got. 

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

These properties appeal to students and low-income renters, especially if traditional housing is limited.