Section 8 refers to a voucher that some people use to pay for their housing.

I try to pay off all loans as fast as possible because I feel like money wasted on interest is overlooked sometimes as people only focus on the amount of money coming in rather than the amount saved.As of today, I'm just focusing on establishing the best systems to analyze the markets, find properties, get financing, make wise renovations, and manage my rental properties.

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

And I would love some passive income or at least someone to pay my mortgage until we can pay it off maybe.

I took a long break and I'm paying for it now LOL!!

Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

Well that is when the lower tenant feels like paying her 20% portion of the rent of $240 per month lol!

Best pay compared to cost of living.

Doing this will indefinitely defer paying tax on profit or depreciation recapture. 

But really you’re just creating a second job for yourself and one that doesn’t pay very well if it even is cash flow positive at all 😆I used to buy houses for STR but now that I’ve got several STRs up and running that I bought many years ago, I stopped buying STR once mortgage rates went up and housing prices went up.