For tax purposes, you’d report the three fully rented units on Schedule E as rental income and expenses.

If you already use him, make sure you avoid talking to him on the phone (his favorite way to get you to forget everything) and get EVERYTHING IN WRITING!

Section 8 sounds like a gold mine but it has its challenges that only boots on the ground can really help with. 

After purchase, did some renovation on the property.

Let me know if you need anything and what projects you may be working on and I may be able to help out.

There are a few rare cases where you can do 10% down on a long term loan if the seller will carry in 2nd position.  

I mostly focus on out of state SFH investments properties.

Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.

Other times my clients and I discuss a lower fee based on my involvement. 

Quote from @Eric Scharaga: Hi @Trevor S Foster,My company specializes in lending to investors on vacant land.