The first factor to consider is Proposition 19, which will trigger a reassessment of property taxes if the home is transferred to either of your father-in-law’s daughters.

Quote from @Min Zhang: Hey Michelle, since you're looking at Section 8 investing out-of-state, I'd definitely suggest finding a property management company that knows Section 8 inside out.

I bet you learned A LOT.You can also leverage my team to help you out next time.

You are able to access your old reports by going to this url, unfortunately if you're out of free reports you won't be able to edit or create more reports. 

It’s really amazing to see you getting started in real estate at such a young age and Out-of-state multifamily investments are a great way to begin. 

Most agents have  a few transactions with their sphere before running out of business.

Thanks for reaching out and providing your perspective. 

Find out what rate rents are increasing and expenses are increasing in your area and use that in your underwriting, then work out each year of ownership. 5% rate in 5 years seems ambitious.

That backs out to 10-15% cash on cash return in most cases.

I'm sorry, I dont pay you to be rude!