Nice…You can’t offer less for a property full of fire rubble (lead and asbestos?)

I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???

On a rental that’s not generating income is it any different book keeping wise then you would for a rental that’s is making money Or what are good things to know or learn Thank you !

But that also means you’re generating almost zero appreciation and barely better than bank CD returns.

@Erik Estrada is absolutely correct that working with a broker usually leads to a better rates and fees.

Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.

Is 10% ($1,750) per month in simple, taxable, spendable interest very attractive after owning real estate that likely did not generate that kind of cash flow? 

Some areas have higher crime rates and lower tenant quality, which can lead to more management headaches and higher vacancy rates.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

If you have any leads, please DM me.