The voucher is the most that Sec8 will pay for that person’s rent regardless of where they rent.  2) The second part of the Sec8 equation is the market rates for specific neighborhood’s and property types (SFR vs apartment, # bedrooms, # baths, utilities included vs paid by tenant, etc).

It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

They also, last minute, changed an 8 bed Fourplex to a 6 bed.

What’s not working right now is traditional long-term rentals—high interest rates have crushed a lot of those deals.

Be grateful for the screaming deal you had, adapt to change.

At any rate, I saw someone trying to explain how the @... works yesterday and I tried, but I really couldn't figure it out.

What was the one book that changed your mindset and made you believe you could do this? 

So even if you had a buy out agreement negotiated up front and execute that buy out agreement, the bank would still require him to be guarantor unless something drastic changed on your side financially.The best scenario here would be to purchase and rehab the property using a hard money lender or bridge lender.