Turn $5,000 into $10,000 in 5 years?

Your home should have a water shutoff that you can turn it off yourself and then drain it from the lowest fixture.

I've been renting out a couple properties for a few years, and recently have turned my attention towards the idea of section 8 housing.

Logan Turner I am interested how this one turned out for you!

If Indy has direct options and Knoxville is connecting, that would be another check in the Indy box, assuming friends would actually be helpful.But as others have stated, BRRRs are basically buying a flip and turning into a long-term rental.

Quote from @Gabriel Juarez: I’m turning 20, any tips for anything to do with real estate?

I had no idea this was the case or I would have pulled out that HELOC prior to doing a QCD on the property and turning it to an LLC.I’ve totally observed what you mentioned about one side of the house, not knowing what’s happening on the other side when it comes to the commercial first residential side of lending. 

For example, an SFR turned PadSplit will be appraised as what the asset's highest and best use is, which is an SFR (or at least in the opinion of the capital markets it's the highest and best use).

Make sure it is somewhere easily accessible that doesn’t require any tools to turn off.  

I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.