Source , but for the ones that are that could be a risk if Trump and DOGE's plans to cut those jobs ends up reducing a significant amount of the jobs in DC.

I’m new to the community and I’m planning to start a Section 8 rental property business.

But I wouldn’t trade the experience for anything in the world.

The owners who switch to a PM come to me for the same reasons Drew said above.It is not rocket science, most folks hit a point where they no longer want to trade their time for money. 

You don't have a recourse because you took the liability on yourself knowing that is not his trade.  10 days later you have a water leak in the SAME bathroom causing the ceiling downstair to leak AGAIN.  

I'm in the market for entity config and tax planning/prep.

Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

You could try to value it with the income approach, with NOI & DSCR, but that usually isn't done with smaller multifamily.You're going to have to extrapolate out farther and see where other smaller multifamilies have traded.

The maximum leverage I have ever seen in trading accounts is 50%, and that's very limited and select.

. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.