@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

Increased housing inventory as new developments hit the market.2.

If you are willing to do the work, the landlord can often be the first point of contact with housing assistance.

That meant trudging through knee-deep snow in freezing temperatures, spending hours shutting off water lines and draining pipes—on a house I wasn’t even keeping.To make matters worse, it was a four-hour round trip.

@Kayla Elliott  Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued. 

This is a great platform to network and to continue to learn.Best of luck on your real estate journey.

Your biggest issue is that $50k may not let you get a nice house and have any reserves.

I suspect it's due to the change in the housing market and economy.  

Housing two STRs and four LTRs What made you interested in investing in this type of deal?