Will it make me money or lose me money?

Or is this a situation where you would do this only if you would lose the deal otherwise?

Texas recently passed state laws regarding those - and if you don't do it right, you lose the house and the debt entirely. 

Just trying to protect myself and not lose money on something I worked so hard to obtain.  

I feel like I'm folding a pair of pocket aces, but I have to play the game with discipline, or you lose your stake.

I love section 8 because it guarantees a certain % of rent, the tenants really value that housing voucher and won't do things to risk losing it, and section 8 has strict criteria for condition of the unit which adds a layer of accountability on my property manager. 

When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.

Communication has been a major issue, and I'm finding it difficult to get timely updates or clear answers from them.Given these challenges, I am losing faith in their ability to manage the property effectively and am seriously considering switching to a new property manager.Has anyone experienced similar issues?

They know you likely wouldn’t file a CA tax return - since you live out of state - so they found a way to make sure you do.Since you are losing money, most likely you can deduct losses against income and get the withholding back when you file a CA tax return in April.Confirm this with your tax person.

The real benefit of using leverage is so that you are not burying your cash in the dirt and can access it when things do go wrong without losing the property.