Hey everyone,A buddy and I are interested in getting our feet wet with our first rehab project this spring.  I feel like this should be a basic question but it's hard to find a definitive answer to.We'll be splitting ...

@Vernon N Hunter, coming to us from the home of Vincent "Bo" Jackson.

@Roy N.

@Tim N winters - possibly I missed it, but what is your question here?

Thanks n Semper Fi BP .

For landlords in regards to section 8 is there something I’m missing that makes this deal “risky” or “complicated” from a Buy n Hold perspective?

For BRRRR, a big risk is the eventual refinance appraisal, and those areas don't sell for as much as other parts of N.

Also, if you are doing tear downs and or large additions n higher end markets, you can’t use the same template each time for everything, but you can for some items (paint colors for instance).It is efficient to have name, description, item numbers, etc on a spreadsheet of items you typically buy which makes ordering materials quick and easy.

Property you bought primarily for resale (fix n flip) does not qualify. 

Originally posted by @Percy N.