- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.

I enquired about the HELOC on the rental property and I am not getting good terms that work out.

Just sitting on that rate for the life of the loan?

The tenant base, on average, tends to be rougher on the properties, moves more frequently, and cannot absorb any rent increases.  

Everything my realtor sends me is already on Zillow and has many eyes/bids.

I advertised it on Facebook Marketplace with the following paragraph: Hey everybody.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

However, why are there barely any private inspectors who can be hired to inspect construction/remodeling projects being done on properties? 

Feel free to reach out with any questions and I can give you a few scenarios on what your options will be. 

I wanted to get some insight from others on if this is true since I can't find a good answer on the IRS website, and if it is true why does anyone want to gain real estate professional status?