My understanding is that the buyer assuming the loan has to meet the same credit/underwriting criteria as the original borrower, but this is not my area of expertise - lenders are typically not involved in assumptions.

Something to note is that you and your immediate family be able to use these properties personally in any way and you should have a 3rd party property manager.

It has to be worthwhile for both parties. for example 10% share of profits on a $100k deal basically will yiled us nothing. we typically take 50% upside at a min. 

This Spring the inspection scheduler "Beverly" retired and the whole program moved to a 3rd party contractor out of California who now handles scheduling (with the expected miscommunication and inability to make quick decisions resulting).I have been a supporter of LMHA and the Section 8 housing choice voucher program here in Toledo, Lucas County, Maumee, Perrysburg, and surrounding areas but the program really is now costing far more than we get out of it.

After multiple calls and emails about the matter (even involving the local HUD office), I finally get a response that says "Unfortunately, HACW is experiencing a temporary shortfall of funding and will be unable to pay the HAP amount for this month..."

That would be nice, but I suspect that I will somehow be involved in it...?

Look at the site and layout through the eyes of the reader; never put Google first, as that'll always result in unnatural text and layouts.All of these things can easily be done with Carrot templates without paying for third parties to give you their "secret sauce".

OrhiOrhi,You may wanna read the thread below before taking a Property Management recommendation from Bob.Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland? 

Maybe you can help the investors you meet with all the miscellaneous tasks involved with investing like picking up rent checks, turning over properties for new tenants, or even just driving by occasionally to make sure their properties are in good condition.I'd also recommend spending a lot of time looking at all the homes you're targeting in your area, both online and in person.

@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.