Nathan as for the new ADU rules Portland is the poster child for this as well as most of Oregon..

Purchase price: $62,000 Cash invested: $99,000 BRRRR deal, out of state during the pandemic with a newborn at home.

That means; you never give one penny of your money to some garbage bag who tells you he (never happened with a she) will make you a profit WITH YOUR MONEY.Now, that was some great advice in regards to how to invest in real estate.The first think every child should learn when they start school is how to eliminate risks.

Back story:My wife and I have had plans to buy a large farmhouse on acreage, but after finding out that we're expecting our first child, we've decided to stay put in our starter home with $100k equity right next door to an elementary school that we were planning on renting out and cash flowing $400/mo.

Then either putting it into a trust or an LLC that the child as added to soon or later? 

Lol if only we could get away with charging a monthly rent per child, or maybe collect a child deposit.

@Antonio Daniels 1-there are no different standards for screening...what you will find is that they will likely not meet your earning requirements (like 3x rent)...so you have to make exceptions...they also have very colorful backgrounds for the most part...after screening hundreds of section 8 tenants, definite patterns will appear...if you have a credit score requirement, odds are they will not meet there either (but there are fantastic voucher tenants out there as well...I've rented to nurses and other professionals with a voucher do to having a disabled child that needs a lot of services)...the one thing to be aware of is not treating them differently because they have voucher...2-The inspection depends on local authority, but the standards are the same...this is a federal program...so Housing Quality Standards (HQS) is the guiding document...how an inspector interprets that is another story...https://www.hud.gov/sites/dfil...3-Usually you will only have recertification annually, or possibly at an income change or a request or complaint...4-100%, it's one of the best sources of long-term steady income out there...I'll take a section 8 tenant over a white collar A-class tenant any day...plus you are helping to house the most vulnerable and underserved population out there.The bad things you hear about section 8 are from folks that do not understand the system and how it works, or want to be slumlords and not take care of their properties...or are ill prepared to deal with people in general.

I invest in helping and partnering with people that have the drive to become successful.There are very few parts of the country where there aren't phenomenal opportunities -- The only place I've refused so far is the Salton Sea area because it's like a post-apocalyptic wasteland.For example, I'm partnering with a guy I met here on BiggerPockets just four weeks ago that's in a little town in South Carolina that I've never heard of.He was convinced that this little town had no possibilities but I just jumped on Google Maps and started looking around to see what this little town had to offer.That's when I saw an equine therapy ranch that helps people deal with emotional and psychiatric problems like child abuse, PTSD, etc.

I was especially elated to see the light at the end of the tunnel on this reno as I’m currently pregnant with our second child, and had both hoped to be able to help my husband complete this job before I’m huge, and actually have a done house by the time baby # 2 arrives.

But like all plans there were challenges and my first child was born shortly after my return which made it a little harder to devote the time required for a new agent to grow their business.