I asked our manager about reducing the rent but he said we are asking a fair amount and we are getting lots of interest but a lot of cancellations, no shows, or people who don’t follow through with applying or don’t meet minimum credit score.

I agree with what Rick stated but believe he intended this for a single ADU in a single family zoned area.  

@Jeffery Jones As someone who owns 6 single-family homes under the Section 8 program and runs a property management company that manages over 100 Section 8 properties, I’ve learned a lot about the ins and outs of the program—not just the idealized version often shared on social media.If done correctly, Section 8 can be a great way to diversify a portfolio.

This single-family residence spans approximately 4,250 square feet and features 5 bedrooms and 5 bathrooms.

Investment Info:Large multi-family (5+ units) buy & hold investment in Bryan.

Investment Info:Townhouse fix & flip investment. 159 W 129th St is a multi-family building located in the heart of Harlem, New York.

It’s clear that there’s an incredible wealth of knowledge and experience here, and I’m excited to continue learning and growing with this community.I’m looking to connect with members who are open to mentoring or collaborating on real estate deals, particularly in buy-and-hold strategies for single-family or multi-family properties.

Investment Info:Single-family residence buy & hold investment in The Villages.

Are they SFR's or multi family?

The issue is the use of capital to buy a multi family for all cash only to receive a cap rate of 5.3%.