The Federal Housing Finance Agency (FHFA) gave conditional approval on Friday for a pilot program allowing Freddie Mac to purchase SFR closed end second mortgages. 

With condos your investment is the mercy of your HOA micro-government.

Sue K. this is federal law...applies to all 50 states. 

Our government pours so much money into new laws aimed at landlords, but they don't do anything to go after the real thieves.

I have found that they markets are completely over saturated and state and local governments are continuing to implement laws making it more difficult.

There's a chance they'll find that invasive, but just like the government - we are doing it for their safety and well-being. 

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.

If you are earning income of any kind, the folks at the federal government want their piece.

check with your insurance agent.. also federal law dictates that when your owner occupying your 1 to 4 unit you don't have to follow the normal fair housing laws.. you can pick and choose who you want to live in the units .. now some cities or states may have overriding rules regarding this.. but federal law is clear.. on owner occ 1 to 4.. your exempt from fair housing.so you can have a dog and you could restrict dogs for others.there is a well known list of aggressive breeds that insurance companies wont insure.. this is easy information to get.

Hi Debbie,That sounds like a really awesome setup and bravo to the local government to allowing this!