BiggerPockets is launching a new platform for exactly this early next month and you can get signed up to receive information about PassivePockets here I know this all sounds like a BiggerPockets ad, but really I wouldn't be here if BiggerPockets hadn't helped me SO much on my own investing journey and I can't help it that I think we build the best tools and give the best education in the real estate investing space!

@Joseph Guzzardi Jr Indeed - while many landlords faced issues with receiving rent during COVID, sec 8 tenants were low risk.

For example, if your contractor is ready for payment/draw, you schedule an inspection 2 days out, then your request payment from the IRA which can take 2-3 days to receive. 

I received great advice here and appreciate the guidance.

Over the past 6 months, I have responded to probably 6 solicitations from area wholesalers (mostly yellow letters), and I have not received one single follow-up call!  

@Marcus AuerbachI too am in search of this amazing "cash flow" that I will receive on Day 2 of ownership. 

Off of the purchase contract, I would verify proof of funds, ask for prequalification letter from a lender if buyer is receiving a loan, with a good faith deposit.

With a proper amount kept in reserves, it’s just annoying.The above poster has implied he has received 24 months payments, only they’ve been late.  

Or receive any of the tax benefits. 

The individual is a creditor of the reporting company.The term “creditor” means an individual who would meet thedefinition of a beneficial owner of the reporting company solelythrough rights or interests for the payment of a predetermined sumof money, such as a debt incurred by the reporting company, ora loan covenant or other similar right associated with such rightto receive payment that is intended to secure the right to receivepayment or enhance the likelihood of repayment.For example, an individual qualifies for the creditor exception ifthe individual is entitled to payment from the reporting companyto satisfy a loan or debt, so long as this entitlement is the onlyownership interest the individual has in the reporting company.