Please let me know as you go forward if there is anything I can do to assist.

I recently assisted a client in a large 1031x where we identified six properties, made offers on all of them and acquired three of them.

In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.

You are better off hiring a personal assistant or real estate assistant to help you.

Thanks @Daniel Alhadeff, when you say operator are you referring to an assisted living administrator?

Your agent should be able to assist with this, but typically you need estoppel agreements to transfer the lease from the existing owner to yourself. 

This might be due to subsidy or assistance programs where payments are deferred or not required under certain circumstances.Verify Loan Terms:Contact the lender or servicer handling the HUD loans to get a clear understanding of the terms, especially regarding interest, payments, and any special conditions tied to these loans.Consult a Real Estate AttorneyGiven the complexity of dealing with multiple HUD loans and the potential implications for your “subject to” deal, consulting a real estate attorney or a knowledgeable real estate professional is highly recommended.

Thanks @Noah Bacon and @Alexandra Hughes Pailet for the assistance!

We’d be glad to assist you as you get started on your investing journey.

Pros:- Semi guaranteed payments - Can off set some risk - Property has to be kept to a certain standard to pass annual inspectionsCons:- Our data shows higher maintenance and CapEx costs on a per unit basis for section 8 or other assistance programs- People can fall off of payments -Inspectors can at times be over the top zealous -Higher % of tenant issues not related to payment of rent in these units.