FHA also allows some flexibility with grants and assistance programs, which could help with closing costs or down payment.

Additionally, transferring properties into a trust for estate planning purposes is possible if needed.To maximize your leverage, I recommend exploring multiple DSCR lenders for better terms and working with a real estate attorney to structure your LLCs for both protection and lender compliance.Let me know if you’d like more details or assistance with financing!

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.

This reduces vacancy risk and helps maintain cash flow while you learn the ropes of being a landlord.

Brandon, I see you're in OK, I'm in MO, you might connect with me and I'll be happy to assist or answer questions.

Working with vetted, trustworthy borrowers and maintaining a robust vetting process will help ensure your capital works as hard as you do!

Property taxes, HOA, amenities the condo offers, neighborhood, upgrades, etc...There are some great submarkets around Dallas too for SFHI am a local Realtor, reach out if you have questions or need assistance finding anything. 

A minimum temperature of 55 oF must be maintained inside your Rental Unit at all times; damage to the Premises resulting from you not doing so is your sole responsibility.19.

This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.