It’s a great program, though it does come with some complexities.

They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

.: Someone asked me about a Due on Sale suit I was involved in and it reminded me of the many encounters I've had with trying to buy pre-foreclosures and do SubTo.Some of these brutes are big, ugly, scary, mean and volatile.

Then look at places where you can buy those properties, and last investigate with HUD what is the section 8 rental in those areas.In that way, you will collect a lot of knowledge in the process.

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

Long-term rentals are a solid choice, but mid-term rentals in medical hubs (like yours) can offer strong cash flow with less turnover. 

Aaron, your strategy of leveraging equity through refinancing to pull out tax-free cash while maintaining cash flow makes a lot of sense, especially with the stability of W-2 income.

gothca there should be a brokerage with with a flat annual fee.. 

With these changes, the property now generates $1,930 in rental income while continuing to appreciate in value.

But is this possible with my current capital?