What you call guaranteed income is what I call a lot of stress and governmental requirements to get the same or less rent than if you did a good job finding a property and put it up for rent on the open market.Section 8 rentals are for investors who want to keep replicating that strategy in the same area so they know all the regulations and all the players.

From what I can tell, all the material and tools you need for investing out of state are provided and I have heard multiple success stories from it within it's first year being live.

They don't want to get in trouble so they pay on time and many do hustle with multiple jobs as they try to create a better life for themselves.

These are multifamily properties with multiple kitchen and laundries.   

I haven't felt the need to verify employment; I figure that if they have good credit with multiple lines in good standing--and no evictions--they've demonstrated their ability to pay on time. 

There are multiple ways to structure your deal and get your feet wet in real estate, as long as you know your numbers.

Others are duplicative and require resources to confirm compliance with multiple regulators with overlapping jurisdictions.Further, the study noted that “[Three quarters (74.5%) of housing developers said they encountered “Not In My Backyard” (NIMBY) opposition to a proposed development, adding ~ 5.6% to total development costs and an additional 7.4 month delay.]”Wow.

Hi Erin,I lived in Baltimore for 20+ years and now live in Breckenridge, CO.While I lived in Baltimore, I self-managed multiple LTRs (long term rentals) and now here in Breck I self-manage two STRs (short term rentals). 

Multiple hard cards and virtual, as well as multiple virtual accounts for each property. 

They allowed the tenants to breach their contract on multiple occasions.