Now, you need to figure out how to find deals and pay for them.

The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.

I guess the different strategies FOR ME would be.A- Find a lender that would actually do the refi and pay the tax.B- Sell a property and use those funds to lend as they would go back to the IRA. 

Im thinking about paying the bank the 50lk that we owe and the taxes.

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

Use all of the proceeds and take a smaller loan initially. 

But really you’re just creating a second job for yourself and one that doesn’t pay very well if it even is cash flow positive at all 😆I used to buy houses for STR but now that I’ve got several STRs up and running that I bought many years ago, I stopped buying STR once mortgage rates went up and housing prices went up.

One lesson I’ve learned so far is that patience and thorough due diligence always pay off, whether it’s with property acquisitions or selecting the right team to work with.I’d love to hear more about your journey and what areas of real estate you’re looking to focus on.

Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

Well that is when the lower tenant feels like paying her 20% portion of the rent of $240 per month lol!