Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.

I do not personally use him based soley on the fact that the firm is virtual.

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Quote from @Dean Harris: @Mike SferaThis is a great question and one I get from our client base often here in Memphis, TN.

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

Incidentally this is the perfect scenario where a checkbook IRA is going to be far superior to having to go through the custodian for every transaction. 

You are perfectly legal and right to do so.

- 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 could do it 2-3 based off cash savings.

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances.