Hey everyone,I've been doing some research on investing in Section 8 housing in Houston and came across something concerning.

My concern is that all of my info is coming from the agency and I do not know how to find and evaluate properties/deals yet on my own.

All that to say, PMLs are usually more concerned with the value of the property and will lend at a lower LTV regardless of ATR (ability to repay) because they know they can take the house for 65 or 70% of the value if you default in a worst case scenario.Hope this helps!

However, I am concerned about the tax implications.

My concern is obtaining a construction loan without a contractor's license. 

I have loans on two of the properties and am concerned that if I transfer the properties into an LLC that the loans would be called . 

But I do know they are concerned about FAKE lenders so that is a good thing. 

Without a PM the entire burden of management falls squarely on your shoulders - maintenance, collections, postings, legal concerns etc.

My best advice is to pick the issues that are of major concern like roof, foundation, radon etc. but perhaps skip the leaky faucet or burned out light bulbs.

I'm in the Los Angeles County area so saturation is a real concern.