This program will be enforced to ensure compliance with the community's governing documents and to maintain the quality of life for all residents.

@Richie Linnon if the unit needs renovation, which is likely with someone there that long, perhaps plan to give tenant 3-6 months’ notice as it will possibly be difficult and stressful for them to find something in their budget and they may need time to apply for and be accepted into assistance programs.

Not sure about that but make sense Yes that is part of it, but as technically the program ends next march and then you have a year to pay it back.

She's been good overall but I recently received a notice in the mail that she's being dropped by the Section 8 program.

There is no reason to buy your own first for experience purposes - and the fact you already live there makes it 'owner occupied' if you end up going with traditional bank financing - which will give you better rates, and access to more programs. 

Most professional tax software programs have an option to specify that rental income is non-passive, and that will cause the Schedule E tax loss for that activity to bypass form 8582. 

Fannie Mae’s 5% MF loans seem perfect for this even though I’d have to prepare a higher down.NJ State down payment assistance and a NJHMFA mortgage loan.This is enticing due to the $15k down payment assistance and additional $7k first generation program.

Has anyone taken the MomsHouse.com program?  

I've met Dean several times, attended his Note Summits, bought notes from him and was coaching for him in his online program back in 2010 and 2011.

Hello everyone,I am reaching out to connect with individuals who have experienced significant issues with the Section 8 housing program, specifically regarding their failure to enforce their own lease agreements.As a landlord, I had a tenant under the Section 8 program who turned out to be a severe nuisance.