I won’t be buying any for investment though, not initially.

We would be very greatful for any guidance on how to property treat the initial downpayment, and monthly transactions.Thank you!

So in year 6, that same 95k initial investment they made is going to allow them to gain 24k net rental income (and the depreciation is still enough to cover that so it would be TAX FREE), 51k, in appreciation, 11,500 principal paydown = roughly 86k in total return in year 6.So a 95k investment after 6 years would give them an asset that they'd have 539k in equity. 

Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.

I answered an initial questionnaire on the website and there’s basic documentation required but it doesn’t appear to be nearly as extensive as the requirements for my conventional loans.

Initially I had a feeling you didn’t really know what you’re talking about but now it’s crystal clear you have no idea what your saying and you are more than likely just another misleading , Detroit PM nightmare like 99% of the other PM’s in Detroit with all sorts of hidden fees, secret add-on’s who work against the tenant rather then with them so they end up vacating and you guys salvate over another nickel and dime placement fee.The question ‘why’ in your first comment has absolutely NOTHING to do with it I am simply sharing my experiences.

My wife and I did a lot of research, attended live sessions, and I connected with some current and former students and got positive feedback.

The seller was a foreign landlord who was behind on a few years of taxes, and the property was in C5 condition at the time of initial appraisal.

I initially looked at doing a 1031 exchange of all my Indianapolis properties but the timing would have been difficult.

Specific for the Atlanta Housing Authority, you have to attend the landlord/property manager training session to even accept a section 8 tenant.