Section 8 maintenance is very expensive.There was a set of condos that were partially rented to Section 8 tenants.

Purchasing through an LLC offers liability protection and tax benefits, but requires upfront costs and maintenance fees.

You only need a place to track tenant information, payment history, maintenance, etc.

But you also have to subtract utilities, turn costs, starting items (kitchen and cleaning items you give them), and furnishing upkeep/maintenance.

Create a daily routine of browsing these platforms for new listings and be ready to act quickly when a good deal pops up.

agreed  quality paid off rentals are about as solid as you can get.. not only that you have less maintenance and turn over for the same income.. what one misses is appreciation if thats your goal.. more props that all appreciate more wealth depends on your situation..

Look at property values, trends, and neighborhoods to identify opportunities.5) Create a Budget: Determine how much you can invest, considering all associated costs like down payments, closing costs, and maintenance.6) Build a Network: Connect with real estate agents, investors, lenders, and other professionals.

Should you perform maintenance?

DSCR loans by nature require that there is no deferred maintenance and no construction needed.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).