The voucher is the most that Sec8 will pay for that person’s rent regardless of where they rent.  2) The second part of the Sec8 equation is the market rates for specific neighborhood’s and property types (SFR vs apartment, # bedrooms, # baths, utilities included vs paid by tenant, etc).

Will you need the equity in your primary home for any future personal expenses?

It will be even harder as a young person with no life experience, and particularly no experience buying real estate. 

We would want to use it for personal use probably one per year. 

It would be tough to rely solely on our own funding.

So they price those homes at what a willing homeowner will pay for their personal residence.

Quite the opposite - I invest my personal money as just one more member, in each investment we end up doing as a club. 

I'm trying to decide if it's worth it to help me build a credit profile/score for my company which will be independent of my personal credit. 

Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps. 

A contract is only as good as the person enforcing it.