So, keeping your personal financial statement updated is vital.

Unfortunately, a good portion of profits have to be paid to the government for taxes.

But I'm now considering selling that Merced rental and using the equity to buy a San Diego house that I would use as a 2nd home/vacation home & rental.I would rent out a portion of the house & save a space for myself when I visit.  

But I got a letter from section 8 that their portion was going up over $800 starting in June.The previous landlord never rented out the studio downstairs.

While the state is tenant friendly, eventually they will be forced out and at that point it will be without the offer you gave them and with a black mark on their record making it harder to find another place.Since you are looking at flipping the property, you need them out to do the work and I would discuss that with them - not the flip portion but the work that needs to be done and can't be done with them in it. 

The fact that such huge portion of currently sold homes are cash transactions means a ton of foreign cash, hedge funds , holdings and investment management management firms like Black Rock snatching those properties at highly inflated prices.

Hello, I'm in a process of selling some portion of my residential real estate portfolio to fund a new commercial opportunity.

I am interested in pursuing the BRRRR method, but I am hesitant to take this on due to the "Rehab" portion of the strategy. 

Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.

An assumed mortgage that is 2-3-4 years into the payment schedule, has the additional incentive of a greater percentage of their initial payments paying down a greater principal portion.