I live about an hour away from Blue Ridge/Ellijay market, so easy for me to use personally and keep an eye on it.

They are assuming a low agency debt and there is no high interest mezzanine financing involved. 

I have worked with several clients in a tax capacity who are involved in informal partnerships.

4. what all more is involved with Section 8 tenant than a normal tenant moving in from paperwork or procedure point of view?

It involves minimizing living expenses, building equity in one property, and leveraging that equity to buy another after a year.

@Seth Mattox know someone doing it in Cleveland.Their biggest challenge is finding reliable boots on the ground to keep an eye on everything.Take videos instead of pics.

Am I **** out of luck here or can I get a lawyer involved? 

Hi Carole,In a competitive market, the most effective financing strategies involve being prepared and proactive.

Ultimately, it depends on what’s going on in your local market and how involved you want to be in managing it.A firend of mine who was managing a similar property in Scottsdale ran into some issues during a vacancy period.

I've been listening to BP for years now and just now getting involved in the community element.