Screening for a good reliable tenant is your most important step, don't blow it.

I'm hopeful that Phoenix's reputation for being landlord-friendly, particularly regarding evictions, is as reliable as I've heard from others.

Yeah, back in my days of doing slews of redemptions I had 1 bank who was reliably a pain in the azz and never workable.

I build this rep for myself not because I am good at it, but because I help people understand how it works.Do the same, and you too shall become the expert in your space.Now you have a credible website, and you have polished social media accounts.Look into facebook ads, PPC, tiktok youtube, and SEOThere is where you start and this is the ONLY way to do it reliably with predictable success without having to resort to strategies with less than a 0.1% success rate.The result?

Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.

This increases the property's value and can allow you to charge higher rent, improving your cash flow and the property's appraisal value for refinancing.Rent: Lease out the newly acquired and rehabbed properties, preferably to reliable tenants similar to the family you currently have in your townhouse.

Here a reliable analyzer that Tony Robinson made.

And I'd also suggest to start getting into uber-stable markets for this, Midwest, upper-Midwest, because TX has had too much and too fast a growth clip and what you need is very plain, boring, vanilla, RELIABLE, CONSISTENT, PREDICTABLE boring assets to add to your portfolio.

Out of state can be difficult if you don’t have a reliable team in place.

Small is fine, big is ok, but reliable and responsive is key.