Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.

Section 8 is a great program if you know what you are doing but its so much to it.

I personally would try to get a family member to manage it if that's an option.You can get conventional financing as a business owner if you go with a non-QM or bank statement program.

I'm more experienced as have been in multiple RE sales (with agents and directly with owners too) over my life and been an LTR owner for 15 years and just want to do STR at this point, but if this program is legit then I would be the one searching for houses while he did the calls.

Your big box banks have very limited programs for you to choose from and bad rates and surprise points.

Gino Thanks Gino, Hi Matthew, without being able to do separate deeds, the 12 plex would likely be the most cost efficient but you will also need to consider the layout of the overall property, where as two 6 plexes may lay out better and more functional, and therefore attract a higher rent and desirability.

Property Radar just released a new dirt mail system for the program offering postcards at .48 per and it's already linked to all my lead lists and properties I have found.

A good program we use is LEAP.

A DSCR loan is one of them, but with the rent only being $700, chances are you'd need to go with a no ratio program to make the numbers work.

Listen to his podcast and you will get a feel for the program.