Glad to hear from someone with firsthand experience.

Grant Cordone still rents :)..... what about "Rich man poor man"........and I've seen quite a few "RE guru's" that claim that buying a home is huge financial mistake.... better to rent and buy money producing RE assets, etc etc....Your point is that you a should have some first hand experience doing what you are having someone else pay you to help them do..

Since this will be my first foreign investment I am focused on spending the least amount possible to achieve the max ROI.

From what I have read on the BP forums on this topic it seems as if your best bet of achieving this is going through a smaller bank and not your typical larger national banks.

Stay updated on market dynamics, interest rates, and economic indicators that can impact real estate investments.Set Goals and Take Action: Define your short-term and long-term goals as a real estate investor and create a plan to achieve them.

Focus on one at a time with an achievable path to get to the next phase.

Would you classify this as first hand knowledge or do I need to personally lose money for that to qualify?

Building a network of experienced individuals can help you learn from their experiences and avoid common pitfalls.Set Clear Goals and Take Action: Define your investment goals and create a plan to achieve them.

:) Hey Derek, With that low of an LTV and excellent FICO you will be able to achieve a rate at 7% assuming the property DSCRs over 1.00. 

I have complete confidence in their ability to pay their share of rent but my concern is with the City's portion as I have heard first-hand accounts and bad cases where the City has delayed payments, delayed processing of renewal for voucher holder (and thus payments) and lack of communication.Are there folks here who have had a good experience with CityFHEPS and the City's ability to pay on time?