A decent portion of S8 tenants don't pay their portion of rent or utilities - sticking it to their landlord.Forget about using the threat of having their voucher taken away, as that doesn't really happen any more:(We manage almost 700 doors in Metro Detroit with almost 100 S8 tenants.

@Daniel ToshevI received some good info that might make this possible for you.Give me a ring happy to discuss more I can connect you with Danielle.From my go to lender:Danielle AndersonLoan Officerthe leases would need to be specific that they are only a portion of the home (Basement) and upstairs.

One thing I don't understand is the late fee is belong to landlord and PM take portion of it as service fee.

Going forward with him or anyone else probably need to have that portion lined out and clearly spelled out in advance.  

But within that same segment, there is portion that is designed to EXPLOIT beginners (in my opinion)... because they (A) know you have money to spend or you wouldn't be looking into real estate; and (B) if they put together a slick enough package together people will bite.  

Financially speaking, I'm still saving, but the goal is 50k saved up (all costs: closing, fees, down payment, portion of rehabbing costs) by this summer with my fathers help on the cash all while I continuously save 50-80% of my work checks to fund for rehabbing this property and I work off my second job and "survive off of that."

Let's see if @Dave Foster can help us on seller financing of a portion when doing a 1031.

This particular unit is an ADU and utilizes my electric/sewer/water so they pay portion....

A measurable portion of his returns (plus or minus!) 

. - besides or JV partner watching progress, on completion we hold back a portion of the payout pending a final residential inspection.