That safety net can ease the fear.Tap Your Network: Got a mentor or someone in your circle who's done this before?

However, be prepared for the properties to meet certain health and safety standards, as Section 8 housing requires regular inspections.5.

You can always tap into HELOC for a safety net in the short term (not ideal) but there if you need it!

I think the wisdom from this verse found in Proverbs 11:14 which says "Where there is no guidance, a people falls, but in an abundance of counselors there is safety" was what allowed me to learn from this experience and not be taken advantage of.When it comes to what was being said in the training, I agree with probably 95% of it.

Get the inspection but remember they are looking for hazards and not considering what repairs will do to the final value or monthly rent.

My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).  

What measures have you taken to ensure some safety and deter local nuisance?

Common utilities paid by the landlord will be similar if not the same; standard services (extermination, changing filters, snow removal, fire safety inspections etc.) will cost the same.Expenses will vary depending on the market.

I know they have have a stellar track record & hVe never missed a payment, but still I need to understand the safety of the investment in a worst case scanrio?

Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.