Dealing with S8 tenants successfully requires proper screening.One of the best screening tools is to inspect their current home - how it looks is how yours will look within 90 days or less.

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

No one can answer that because there is almost no information in the post to help.

@William Fishergreat question thanks for posting, I was just looking around for posts that were related to this.

It’s clear that the evolving market, especially post-GFC have shaped your perspective, and you’ve outlined some valuable points about the flexibility and challenges of private lending.The flexibility in ARV and LTV is such a huge advantage, especially for investors who might not have traditional financing options.

@Polat Caglayan I already responded to another post of yours.Your question will take a lot to answer correctly, so please DM us to schedule a chat:)Thanks @Jonathan Greene!

Just need to stat under the occupancy limit.Also keep in mind basement needs to be livable square footage, ie have egress and proper ceiling height. 

Quote from @Kendric Buford: Hi, still new to the forums, please pardon any oddities in my post.

This post does not create a CPA-Client relationship.

kudos for your specific and thoughtful post.