When a developer can't obtain subsidies for their affordable housing projects, do they just wait until the next round of subsidies availability? 

But if the situation arises I can't afford to have a tenant fall back 2+ months on rent.

T First person I've heard say I look forward to the losses.

The Midwest, including cities like Detroit, offers some of the best opportunities for affordable properties with strong rent-to-price ratios.

Hello,Im working with a lender to refinance into a Fanny Freddy mortgage now that I have stabilized my 36 unit complex.They have asked for a CAPEX schedule, and a T-6, in addition to the rent roll. 

hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.

Right now, I'm focused on:- Learning the best investment strategies that don’t require a real estate license (wholesaling, rental properties, etc.).- Finding potential clients who are interested in investing but may need help identifying great deals.

It’s still flying under the radar for a lot of investors, but the fundamentals are strong.Detroit offers:•Affordable Multifamily Options – You can still pick up 2-4 unit properties at prices well below most major markets, often with strong rent-to-price ratios.

You should start with a focus on a 2 unit multifamily property in a market that you can afford to get into. 

I’m curious: are others who house hack buying homes they can just barely afford, or are you sticking closer to the ~30% housing rule and using house hacking income as an added bonus?