From what I understand, banks tend to avoid financing properties with SRO units due to the perceived higher risk (inconsistent cash flow, transient tenants, zoning issues, etc.).

Matt, I appreciate the FB referral too.

Full disclosure they are our firm's referral partner, but more than likely  they can save you money and are cheaper then alternative companies 

. - Tenants are incentivized to not damage the property (can lose their voucher if they are found liable)- In my experience, tenants tend to stay for longer periods of time rather than non-section 8 tenantsCons- The unit is required to meet a certain standard and pass an inspection prior to tenant occupying the unit - Tenants tend to have a lower credit score than most landlords were prefer Happy to connect and share my experiences as an out of state investor and share some additional tips. 

We do not personally go after tenants, because we are not attorneys, but we have attorneys on retainer and ready referrals who've done-that and been-there, so it's a quick simple hand-off. 

The stuff that sits tends to be over priced junk in junk areas, or that have some issues with the listing, curb offers or what have you. 

Referrals?

try to get a local referral. 

Older buildings with older systems: plumbing, electric, HVAC, roof, tend to have more maintenance costs than newer properties.  

Get referrals too, your friends and family members have their own networks that may be interested.