Now, not everyone in the community utilizes the program to the fullest, and that will be on you.

If you increase rents, if you go MUGS and put the utilities, if if if ifHaving owned and sold businesses and 1-2 properties, I have learned that I do not want to pay for POTENTIAL, but want to pay for what it ACTUALLY produces.Of course the seller will want the max, and the real estate agent will also want the max, so will push for the Pro-forma or potential income.....and base asking price off of this.I find that my numbers to evaluate properties almost never work with the asking price (based off potential), but almost always work with ACTUAL value.

Moreover, you'll receive more favorable terms/rates utilizing a primarily home loan product than an investment loan. 

High efficiency appliances were utilized including HVAC, light fixtures and water heater.

However, utilizing a 1031 exchange allows you to defer the tax liability for capital gains, potentially offering tax advantages in real estate investment.

They get free rent/all utilities paid and I pay mine a $500 month stipend after an initial 6 month trial period.

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.

@Dee Mandrekar highly doubtful there's such a big difference between market rent and S8 rent.First off, the GROSS S8 amount includes specific amounts for all utilities - electric, gas, water, trash, etc.We do NOT recommend including utilities in the rent because S8 only pays a certain amount and the owner is then exposed to tenant abuse of utilities. 

I'm excited to learn more, gain the education, and utilize the tools I need to succeed.

If furnished then set up.Decide how you want to handle utilities (included or shared)What kind of roommate do you want - what would your offer look like?