I care about collections, not just bodies in the building.

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

I would be very careful about what neighborhoods you invest in, though; Cleveland has some serious war zones. 

and the entire conventional wisdom of the 70% are there any people who don't really use it all and have found out their ways of making the numbers work Like adjusting the percentage based on the market. 

Applicant credit scores should be treated with a high level of care and should not be handed out when they aren't assured that you are locking them up and taking due care with private and sensitive data.So, many places, including the screening company we used for years before moving to a PM, provide a suitability score rather than the actual credit score. 

Fannie/Freddie won't allow you to close conventional financing under an LLC. 3.

While I do not care what happens with your deposit one way or the other, I do hope you've learned something about running your mouth with false accusations today.___ My point stands.

If you can arrange a visit to see how the tenant is taking care of their current place, that will open your eyes as well.

Working with a mortgage broker who specializes in investor programs can be helpful for better terms as conventional loan product lenders generally don't have the best DSCR terms.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

If the numbers do not work, be very careful about trying to MAKE them work by taking a little from here and a little from there.