We treat all of these properties the same as any other, so our down payment is the same for section 8 homes or regular cash paying tenants.

If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.

They claim it is a triplex (two regular units and an "efficiency unit".

After a few months you figure out that your team has not really engaged your property on a regular basis.

I make my regular interest-only payments for the first 7 or 8 months, and my interest-only period lasts 5 years.

In other words, I already have a checking and savings with BoA, but I would create a 2nd savings account (within my regular account) and put all the rental properties last months and security into that account (combined).Is this the correct way to prevent co-mingling of funds, or what would you recommend?

Regular storage building lookon the outside.

@Mohit Gupta  depending on number of occupants your regular insurance can cover it, read the policy, ours covers two roomers. 

Keep in mind that tenant screening, regular property maintenance, and understanding the inspection requirements for Section 8 are crucial for success.

I have been battling with the credit bureaus for 15 years between 2 divorces, and multiple incidents of identity theft (the untold effect of military service).